๐ COTI: Potential Upside Opportunity! ๐๐น
๐ Analysis:
Consolidation at $0.19: COTI is consolidating around the $0.19 level of support.
Potential for Upside: The chart suggests potential for a rise over the next few weeks.
Entry Range: Consider laddering into a spot long between $0.17 and $0.19.
Take Profit Levels: Aim for profits at the next resistance areas, around $0.25 - $0.28 or $0.31 - $0.34.
Stop Loss: Set a stop loss just below $0.16.
๐ Note: Keep an eye on COTI's movement, and make sure to adjust your strategy based on market conditions.
Consolidation at $0.19: COTI is consolidating around the $0.19 level of support.
Potential for Upside: The chart suggests potential for a rise over the next few weeks.
Entry Range: Consider laddering into a spot long between $0.17 and $0.19.
Take Profit Levels: Aim for profits at the next resistance areas, around $0.25 - $0.28 or $0.31 - $0.34.
Stop Loss: Set a stop loss just below $0.16.
๐ Note: Keep an eye on COTI's movement, and make sure to adjust your strategy based on market conditions.
