💰 Current Price: $0.0509
🟢 Key Support Level: $0.0490
🔴 Key Resistance Level: $0.0535
📌 Recommended Entry Zone: $0.0505 – $0.0510
🎯 Trading Goals:
TP1: $0.0525 — lock in partial profit
TP2: $0.0535 — break of key resistance
TP3: $0.0550 — final target for strong momentum
🛑 Stop-Loss: below $0.0485
💡 Market analysis and insights:
$COTI/USDT shows a stable upward movement after finding strong support around $0.0490. This level has become a reliable bottom, absorbing selling pressure and allowing buyers to enter. The latest recovery indicates that momentum is gradually shifting towards a bullish trend.
The activity level remains healthy, signaling that buyers are actively participating, and the trend structure supports further gains as long as the price stays above the support zone of $0.0490. If $COTI holds above the entry zone of $0.0505 – $0.0510, this could trigger a clean breakout above $0.0535. This breakout will pave the way to $0.0550, where bulls may take further control.
Traders should closely monitor price dynamics near support and resistance levels, as these areas may indicate potential reversals or continuation patterns. A strong close above $0.0535 will confirm bullish momentum, while a drop below $0.0485 will invalidate the trading idea and require reassessment.
📈 Trading action:
Buy within the entry zone and manage risk with a recommended stop-loss. Gradually take profits at each target to secure gains, allowing the final target to realize the full potential of the bullish swing.
💎 Summary:
Strong support at $0.0490
Bullish momentum is building
Healthy volume confirms the strength of the trend
Targets set at $0.0525 / $0.0535 / $0.0550
Stop-loss below $0.0485 to manage risks
✅ Buy and trade here: $COTI