MyCryptoParadise

COTI/USDT Break out and valid retesting phase, Ready to UP?

BINANCE:COTIUSDT   COTI / TetherUS
πŸ’Ž 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.

πŸ’Ž 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.

πŸ’Ž 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.

πŸ’Ž 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.
Trade closed: target reached:
Just like clockwork, #COTI is tracing our forecast, hitting that sweet 33.14% growth mark.


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