๐จ $COAI โ Sharp Breakdown & Weak Bounceโฆ Sellers Still in Full Control
$COAI dumped from 0.4650 straight down to 0.3663, confirming a strong bearish impulse.
Current price is forming only a small, weak bounce around 0.3890, still trading below the 5MA & 10MA on the 1H chart.
Structure remains bearish as long as price stays under 0.4000 โ 0.4120 resistance.
๐ Trade Setup โ Short
โข Entry: 0.3920 โ 0.4100
โข SL: 0.4240
โข TP1: 0.3730
โข TP2: 0.3660
โข TP3: 0.3520
โ ๏ธ Note:
If price closes above 0.4240, bearish momentum weakens.
Otherwise, the chart strongly favors continuation to the downside โ trend is clean, volume declining on green candles, sellers clearly dominant.
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