$COTI Bounce From the Abyss The Micro Reversal Play
$COTI has just rebounded from a tight intraday double-bottom near 0.04920–0.04970, showing signs of early accumulation and strength recovery. With a swift green engulfing candle reclaiming the mid-zone, this could be the spark before a short-term climb.
📈 Long Trade Setup
Entry Zone: 0.05010 – 0.05040
TP1: 0.05110
TP2: 0.05200
TP3: 0.05330
Stop Loss: Below 0.04900
Market Insight:
This setup thrives on short-term momentum recovery after a mini capitulation. Strong bid interest (69.59%) in the order book indicates demand returning. If volume follows through, this micro reversal may snowball into a rapid stair-step recovery.
Entry Strategy:
Ideal for quick scalps or sniper swing entries look for confirmation with a volume spike or a retest of 0.05000 holding as support before taking full position.