$COAI /USDT BEARISH REVERSAL SETUP
After a massive 64% surge, COAI has faced strong rejection from the $5.89 resistance zone, signaling a short-term bearish reversal on the 1H chart. The recent large red candle confirms selling pressure taking control as bulls failed to sustain higher levels.
Trade Setup (Short Opportunity)
Entry Zone: 5.00 – 5.20
Target 1: 4.70
Target 2: 4.40
Target 3: 4.10
Stop Loss: 5.60
Analysis
Price has formed a sharp rejection candle after testing upper resistance, followed by a breakdown below the recent support near $5.00. Momentum indicators show exhaustion on the upside, and a potential retracement could deepen toward the $4.10–$4.40 zone. Any pullback toward $5.20 may act as a retest opportunity for sellers.
Risk Management
Use a strict stop loss and avoid over-leverage. Only risk 1–2% of total capital per trade to manage downside effectively.
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