Buying opportunities in the correction* ๐๐
#### *Correction = opportunity, not fear | 3 coins in buy zones*
The market corrected and the coins that rose strongly are taking a breather now. These are the best accumulation areas if you see the trend as bullish ๐
*๐ Current buy zones*
*1.
$COTI I* - *Current price*: โผ0.0178$
- *๐ฏ Buy zone*: 0.01640$ - 0.01710$
- *๐ก๏ธ Stop loss*: 0.01503$ 4-hour close
- *๐ Targets*: 0.01780$ โ 0.01880$ โ 0.01995$
- *Reason*: Correction after +19% and still above the trend
*2.
$PROM OM* - *Current price*: โผ5.48$
- *๐ฏ Buy zone*: 5.450$ - 5.500$ retest
- *๐ก๏ธ Stop loss*: 5.300$ 4-hour close
- *๐ Targets*: 5.650$ โ 5.800$ โ 6.000$
- *Reason*: Breaking 5.40$ and the correction is healthy
*3.
$PONS S* - *Current price*: โผ0.9276$
- *๐ฏ Buy zone*: 0.9200$ - 0.9290$
- *๐ก๏ธ Stop loss*: 0.9050$ 4-hour close
- *๐ Targets*: 0.9500$ โ 0.9750$ โ 1.0000$
- *Reason*: Accumulating below the psychological barrier of 1$
*๐ Important rules in a correction*
1. *Enter gradually*: don't enter all at once
2. *Stop loss is essential*: any close below support = exit
3. *Patience*: the correction may last two or three days
4. *Risk management*: 1-2% of the portfolio per coin
*Conclusion*: As long as these supports hold = the correction is for buying. If they break = we wait for a lower support.
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