COAI - It's time!

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Dear My Friends,
🧭 Trend Overview

Current Trend: Strong uptrend (parabolic move) – the price has surged vertically from around 1.3 → 5.7 USDT within just a few days.

Observation: A long upper wick candle has appeared at the top, indicating that profit-taking pressure is starting to emerge.

Volume: Trading volume is declining while price continues to rise, showing signs of bearish volume divergence, which warns of a potential trend reversal.

📊 RSI & Momentum Analysis

On the 1-hour timeframe, the RSI is currently in the overbought zone (above 80) → indicating high correction risk.

There are signs of bearish divergence between price and RSI:
🔺 Price forms higher highs
🔻 RSI forms lower highs
→ This is a short-term top warning signal.
🎯 Strategic Outlook

→ Avoid FOMO buying at the current price zone, as the correction risk is high.
→ If you’re already holding a long position, consider using a trailing stop or taking partial profits around 5.7 – 6.0 USDT.

For futures traders:
→ You may look for a light short entry around 5.8 – 6.0 USDT.

💡 Conclusion

COAI is currently in the final euphoric phase of its uptrend, showing signs of bearish divergence and weakening volume, which suggests a high probability of an upcoming correction phase.

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