Okay ? $COAI ? Let's break down ? Long ?
It's like a waterfall Just falling without any support 📉
It's risky to go for long in this situation !!! But if there's a risk there's a reward 🎯 Let's try for a long entry with a strong SL 🤔
Entry around $0.85-$0.95
SL below $0.75?
Terget : $1.25 / $2.75 / $3+
📈 Ideal Entry Price and Reason
Ideal Entry (High-Risk Long): $0.85 - $0.90 (Entering near the current price and just above the absolute low).
Reason: This is a demand zone bounce play. The price is down over 95% from its peak and is testing its absolute visible low ($$$0.793). Traders who missed the initial short are looking for a quick, mean-reversion bounce to one of the lower resistance levels.
🛑 Stop-Loss Level and Explanation
Stop-Loss (S/L): $0.75 (A buffer of several cents below the absolute low of $$$0.793)
Explanation: Breaking the $$$0.793 level would confirm that the current selling pressure is still overwhelming and that the price is heading to test the next major historical levels, such as the $$$0.35 Fibonacci level or the $$$0.134 original low. A tight stop is essential for such a volatile asset.
🚨Support & Resistance Levels
Type Price (USDT) Remarks
Immediate Support 0.793 Recent swing low, strong buying reaction last time
Secondary Support 0.615 Key demand zone, historical reaction base
Immediate Resistance 1.10 – 1.20 Previous intraday rejection area
Major Resistance 1.40 Breakdown origin level and psychological resistance
💥 COAI/USDT Integrated Technical & Fundamental Analysis
The asset, ChainOpera AI (COAI), is a relatively new, high-volatility cryptocurrency in the AI sector that experienced a massive parabolic rise (from $$$0.134 to over $$$20, or even $$$48 according to some sources) followed by the catastrophic price collapse shown in the charts. #FOMO

