Market Context: COTI is consolidating within a key support zone, providing an opportunity to ladder into a long spot position. This offers a favorable risk-to-reward scenario for a potential upward move.
Trade Setup:
Entry: Between $0.091 - $0.107.
Take Profit:
First target: $0.13 - $0.15
Second target: $0.18 - $0.21
Stop Loss: Just below $0.085.
This setup looks to capitalize on the consolidation and potential bounce from support levels. #COTI #Altcoins #Crypto
Trade Setup:
Entry: Between $0.091 - $0.107.
Take Profit:
First target: $0.13 - $0.15
Second target: $0.18 - $0.21
Stop Loss: Just below $0.085.
This setup looks to capitalize on the consolidation and potential bounce from support levels. #COTI #Altcoins #Crypto
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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.
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.