🐂 $COAI has been pretty choppy lately, but I'm seeing a bullish lean overall, especially if we can hold these levels. I'm eyeing a cautious long setup with a scalp vibe – not going all-in, but worth watching.
Volume-wise, those recent K-lines are lighting up with big spikes on the upswings which screams buyers jumping in hard. Though right now, things are settling down a bit, pointing to some consolidation before the next move.
On capital flows, the bigger picture shows some heavy outflows – we're talking -3.87M USDT over 24 hours and a whopping -10.44M over the week, which feels like broader selling pressure building up. But flip to the short term, and it's a different story: +45K in the last hour and +161K over 4 hours, hinting at fresh buying that could spark a rebound. That kind of split has me thinking we might see a nice divergence play out.
For entries longs $COAI , I'd look to buy near that 0.4266 support or wait for a solid break over 0.4516 with volume picking back up.
Stop loss at about 3% down (around 0.4120 USDT), tying into that S2 support at 0.4115.
Targets $COAI : Aim for 0.4615 first (resistance level), and if the momentum holds, push to 0.4766 (next resistance)
What are your thoughts on COAI? Anyone spotting the same setup or got counterpoints?
#CoAi #coaiusdt #ChainOperaAI