🔍 Current Price (approximate range):
Expect range: $0.067–$0.068
✅ Trade Entry Setup:
Wait for daily candle to close above both the trendline and a key resistance level (~$0.069–$0.070).
Confirm with volume spike on breakout day — validates follow-through.
Use a limit buy just above close (~$0.070) to catch the breakout.
🎯 Targets & Risk Management:
Target #1: $0.075 (first resistance zone)
Target #2: $0.082 (next supply zone, ~20% upside)
Stop-loss: Set just below breakout candle low, around $0.063–$0.064 (5–7% risk)
Risk-to-reward looks solid: aiming for ~15–20% upside vs ~5–7% downside.
📊 Why This Setup?
Trendline + resistance breakout often leads to sustained uptrends.
Confirmation with a strong daily close & volume reduces false breakouts.
Clear R/R setup allows for disciplined trade management.
🔮 What Could Affect This Trade:
Major market-wide shifts or Bitcoin volatility
Sudden sell pressure around resistance
Negative news on COTI ecosystem — keep an eye out
🧭 Summary:
ActionDetailsEntryDaily close > trendline + $0.070Stop-loss~$0.063–$0.064 (below breakout)Target 1$0.075Target 2$0.082R/R Ratio~3:1 or better
📌 Bottom line: Wait for clean breakout confirmation before entering. If it holds, this trade targets 15%+ gains, with controlled downside.