💎 COTI has been a standout in the market, having recently achieved a breakthrough past a crucial resistance area. This development could signify a shift to bullish momentum.
💎 Currently, COTI is in a retesting phase at what was previously a resistance zone, now serving as support. A robust bounce from this level could pave the way for a continued upward trajectory, probability with our next target being the bearish OB area.
💎 In this support zone, it's essential for COTI to show a strong recovery to sustain the upward movement and potentially reach new highs. If COTI fails to respond positively in this area, it could indicate a risk of breaking down below the support.
💎 Such a scenario would likely confirm a false breakout, potentially reversing COTI's trend towards a bearish movement. In this case, COTI might head towards the bullish OB area.
💎 Currently, COTI is in a retesting phase at what was previously a resistance zone, now serving as support. A robust bounce from this level could pave the way for a continued upward trajectory, probability with our next target being the bearish OB area.
💎 In this support zone, it's essential for COTI to show a strong recovery to sustain the upward movement and potentially reach new highs. If COTI fails to respond positively in this area, it could indicate a risk of breaking down below the support.
💎 Such a scenario would likely confirm a false breakout, potentially reversing COTI's trend towards a bearish movement. In this case, COTI might head towards the bullish OB area.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Want to trade like a PRO without the 15+ year learning curve?
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.