COQUSDT: The Market Squeeze—Reversal or Breakdown?COQUSDT at a Turning Point: Is the Bottom in?
COQUSDT is sitting at a critical juncture, hovering near $0.007427, a level that’s still 56% above its all-time low but nearly 89% off its peak. After weeks of sideways action, buy volumes have surged at key points, hinting at possible accumulation. But with RSI (14) at 35.6, are we witnessing the final stages of oversold conditions, or is there more downside ahead?
The 200-day MA looms at $0.010096, far above the current price, showing just how deeply this asset has been discounted. Momentum indicators suggest that COQUSDT is battling heavy resistance at $0.008245, a level that could determine the next leg of movement. The question is: Are bulls strong enough to flip this level into support, or will bears force a retest of the lower range?
With a mix of increased buy-side activity and lingering bearish pressure, the market is at a crucial decision point. Will we see a breakout to test the 100-day MA at $0.009132, or is another sell-off lurking around the corner? Buckle up—this could be the moment traders have been waiting for.
Roadmap: COQUSDT’s Recent Patterns – Are We Seeing a Reversal?
The market never lies—price action is the ultimate storyteller. Over the past few sessions, COQUSDT has been flashing some intriguing signals. Let's break down the key patterns that played out, separating the noise from the real moves.
February 21, 20:00 UTC – Buy Volumes Surge
A major Buy Volumes pattern kicked in as COQUSDT opened at $0.008589 and closed higher at $0.008975, testing resistance near $0.009193. The setup suggested an upward continuation, but was it enough?
February 21, 21:00 UTC – Confirmation of Strength
Bulls doubled down with another Increased Buy Volumes pattern, pushing the close up to $0.009475, hitting a session high of $0.009639. This confirmed the previous signal—buyers were stepping in aggressively.
February 22, 08:00 UTC – VSA Buy Pattern 4 Appears
The formation of a VSA Manipulation Buy Pattern 4th hinted at accumulation. The price action showed a minor retrace before stabilizing at $0.009158. However, the real test was ahead: Would buyers maintain control?
February 23, 13:00 UTC – A Battle at Resistance
A powerful VSA Manipulation Buy Pattern 3rd formed, keeping the buy-side momentum alive. The asset climbed further, closing at $0.009186—almost a direct follow-through from the prior pattern.
February 23, 16:00 UTC – Bears Strike Back
A major shift came as a Sell Volumes Max pattern emerged. The price reversed hard, closing down at $0.008515, marking the first sign of bearish dominance since the rally began.
February 24, 15:00 UTC – Sell Pressure Increases
Following the sell-off, the next candle confirmed more downside pressure with an Increased Sell Volumes pattern. The close at $0.007824 meant the bulls had officially lost their grip—momentum had shifted.
February 24, 16:00 UTC – Buyers Attempt a Comeback
Just when things looked bleak, a Buy Volumes Max pattern emerged. The asset rebounded slightly, closing at $0.007895, attempting to reclaim lost ground.
The takeaway? The buy-side momentum played out correctly up until February 23, proving that the earlier bullish patterns were accurate indicators of the rally. However, the sell signals on February 23-24 completely flipped the script, showing how fast sentiment can shift.
What’s Next? If buy volumes continue to build, we could see another attempt at breaking resistance around $0.008245. But if the sellers maintain control, expect further downside pressure. Stay sharp—this market is moving fast.
Technical & Price Action Analysis: Key Levels to Watch
Levels don’t lie—price respects structure, and smart money knows where liquidity is stacked. Here’s the real deal on support and resistance for COQUSDT. If a level doesn’t hold, expect it to flip into a new battlefield for bulls and bears.
Support Levels:
$0.005691 – First line of defense. If buyers don’t step in, we could see a deeper dive.
$0.00551 – The last standard support before things get ugly. A break below could open up a liquidity grab.
Resistance Levels:
$0.008245 – Immediate ceiling. Needs a strong push to flip bullish.
$0.009099 – A key decision point. Rejection here and sellers will pile in.
$0.010465 – A major pivot area. Break and hold above? We’re talking trend shift.
$0.011432 – Bulls need to own this level for sustained momentum.
$0.012347 – The breakout zone. If we see clean closes above, the game changes.
Powerful Support Levels:
$0.01302 – The fortress. If COQUSDT ever gets back above this, it’s game on for bulls.
Remember: If these supports fail, they become resistance. That’s how price action works—liquidity zones shift, and traders reposition. Watch the reactions, manage risk, and don’t get caught on the wrong side of the play.
Trading Strategies Using Fibonacci Rays
Understanding price action means reacting to movement, not predicting levels. My proprietary Fibonacci Rays method helps identify dynamic zones where price interacts before making its next big move. Each ray serves as a pivot, defining whether price rejects or continues.
These rays are already drawn on your chart, intersecting with VSA patterns and Moving Averages, giving you a structured roadmap for trades. Let’s break down the possible scenarios:
Optimistic Scenario: Breakout & Trend Continuation
If COQUSDT interacts with a key ray and confirms bullish movement, we ride the trend from one ray to the next, securing targets along the way.
Long Entry: Above $0.008245 (First Resistance)
Target 1: $0.009099
Target 2: $0.010465
Target 3: $0.011432 (Major trend shift)
Invalidation: Below $0.008000 (Rejection from ray)
Aggressive Long: If price reclaims MA50 ($0.008452)
Target 1: $0.009132 (MA100)
Target 2: $0.010096 (MA200)
Invalidation: Close below MA50 with volume spike
Pessimistic Scenario: Rejection & Trend Weakness
If price interacts with a ray but fails to confirm strength, we look for short opportunities targeting the next dynamic level.
Short Entry: Below $0.008245 (Failed breakout)
Target 1: $0.007427 (Current support)
Target 2: $0.005691 (Deeper correction zone)
Invalidation: Close above $0.008500 with strong momentum
Breakdown Short: If price loses MA50 and MA100 together
Target 1: $0.00551 (Final major support)
Invalidation: Price reclaims MA100 & MA50 with buy volume
💡 Key Takeaway: Positions should be taken only after price interacts with a ray and confirms movement. No blind entries—wait for market structure to guide you. Every ray crossover is a checkpoint, where price moves from one level to the next, giving traders a clear trade flow.
What’s Next? Let’s Talk Strategy!
Trading is all about understanding key reaction zones—that’s why I lay everything out before price makes its move. If you found this breakdown useful, make sure to Boost this idea and save it—check back later and see how price respects the levels. That’s how you sharpen your edge in the market.
Got questions? Drop them in the comments! I always check and reply when I can. Let’s discuss setups, levels, or anything that needs clarification.
My Fibonacci Rays indicator does all the heavy lifting—mapping levels and rays automatically. It’s Private, but if you’re interested in using it, shoot me a DM.
Want a breakdown for your favorite asset? I can analyze any chart—some ideas I post for free, while others we can discuss privately. If you have something specific in mind, let’s talk!
And remember—these rays work on ANY asset. If you want me to chart a specific one, hit Boost and drop a comment—I’ll get to it when I can.
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