$COTI /USDT TECHNICAL ANALYSIS ā BULLISH BREAKOUT IN PLAY šš
COTI/USDT is showing strength with a +1.20% move, currently trading around $0.05822. Price action is forming a bullish continuation after testing recent lows and bouncing back with strong volume.
š KEY LEVELS:
Support:
š¢ $0.05590 (Major Support)
š¢ $0.05700 (Minor Support / Retest Zone)
Resistance:
š“ $0.05854 (24h High / Immediate Resistance)
š“ $0.06000 (Psychological & Breakout Target)
š TRADE SETUP (LONG):
Entry: ā $0.05800 ā $0.05820 (On slight pullback or retest)
Take Profit (TP): šÆ
TP1: $0.05950
TP2: $0.06080
TP3: $0.06200 (Extended Target)
Stop Loss (SL): ā $0.05640 (Below minor support)
āļø RISK MANAGEMENT:
Risk only 1-2% of your capital per trade. Stick to SL to protect against unexpected downside. Let profits run while managing your position dynamically. š”ļøš°