$COAI Short Liquidation: $1.80K at $10.6169

The bears just took a hit — COAI witnessed a short liquidation worth $1.8049K at $10.6169, hinting at renewed bullish momentum in play. This move reflects traders getting caught off guard as the price surged past key resistance zones.

Market Snapshot:

Momentum indicators are flashing strength, suggesting the market is regaining confidence. Buyers are stepping in aggressively after consolidations, setting the tone for a possible breakout continuation.

Key Technical Levels:

Immediate Support: $10.40 — strong demand area where bulls previously defended.

Major Resistance: $10.85 — a clear hurdle; breaking this could open the gates for a higher rally.

Trading Strategy:

Buy Entry Zone: $10.45–$10.55 (ideal for pullback entries).

Target Range: $10.90–$11.10 for short-term gains.

Stop-Loss: Below $10.30 to manage downside risk.

Market Outlook:

If COAI holds above $10.60, the next leg upward could test $11+, signaling a strong bullish recovery. However, failure to sustain may lead to sideways action before the next impulse wave.

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