🚨 $COAI Market Update: The Parabolic Run is Exhausted! Here is the Setup 📉
What goes straight up, eventually needs to cool down. After an aggressive and parabolic rally, $COAI is showing textbook signs of momentum exhaustion.
Looking at the 1H and 1D charts, we just witnessed a sharp bearish rejection right at the 0.4444 high. This type of price action usually traps late-stage "FOMO" buyers and almost always results in a short-term corrective pullback. Momentum indicators are cooling off, and volume is dropping on the bounce.
Unless the bulls step in with massive volume to reclaim that upper rejection zone, the higher-probability path right now is DOWN. 🩸
Here is the high-probability trade setup I’m watching:
📉 TRADE: SHORT $COAI / USDT
⚙️ LEVERAGE: 1x - 20x (Manage your risk appropriately!)
✅ ENTRY ZONE: 0.3900 — 0.4200 (Scaling in is recommended)
🎯 PROFIT TARGETS:
TP 1: 0.3600 (Take partial profits, move SL to breakeven)
TP 2: 0.3300
TP 3: 0.3000 (Major support zone)
🛑 STOP LOSS: 0.4500 (Strict SL slightly above the local high. Do not hold bags if the structure breaks!)
⚠️ Disclaimer: This is my personal technical analysis, not financial advice. Always trade with proper risk management and never risk more than 1-2% of your portfolio on a single trade.
👇 What are your thoughts? Are you shorting this correction or waiting to buy the dip? Let me know in the comments!
#COAI #CryptoSignals #TradingSetup #BinanceSquare #TechnicalAnalysis