$COAI LONG ā Continuation Setup, Bulls in Control š
Trade Setup (LONG)
Entry Zone: 0.59 ā 0.605
SL: 0.561
TP Targets:
TP1: 0.68
TP2: 0.78
TP3: 0.897
Technical Justification š
$COAI recently broke out of a range with increased volume, followed by a consolidation above the 0.58ā0.59 key level. This indicates strong upward momentum.
Bullish Confirmations:
⢠Former resistance around 0.58ā0.60 is now acting as support.
⢠Tight price compression suggests building energy for further expansion.
⢠Volume surged on the breakout, and the subsequent pullback was controlled.
⢠The 1-hour chart shows a consistent higher high and higher low structure.
The trade remains valid as long as $COAI holds above 0.56. Reclaiming 0.65 with momentum will likely unlock significant upside towards 0.78 and 0.89.
Breakout confirmed and support held.
No significant bearish follow-through observed.
A clean continuation pattern is forming.
The bias remains strongly bullish, and $COAI appears poised for its next upward move. š„


