Yello, Paradisers! Are you ready for what could be a decisive move in #COTIUSDT? Let's dive into analysis.
💎We're seeing #COTI signs that a potential breakout may be on the horizon, and if it happens, we could be looking at a significant upward push toward our major resistance target.
💎However, there’s always the other side of the coin. If #COTI fails to break out of this current pattern, we could see the price drop back to test the $0.067 support level once again. This area has been tested multiple times, and each time, it has responded with a strong rebound and a fast recovery.
💎But here's the concern—if COTI fails to rebound after retesting this zone, it could signal a bearish move, with the next stop being the **major support at $0.05277.
💎For COTI to maintain its upward momentum, it needs to recover and reclaim the $0.067 support area. As per my analysis, the bullish outlook remains valid as long as the daily candle stays above this level. A close below that critical support would **invalidate** the bullish scenario, opening the door for further downward movement.
Remember, staying disciplined and following clear strategies are essential in these volatile times.
🎖️Or Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals 👉 shorturl.at/ikpAV
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.