$COTI / USDT – Short-Term Technical Read (15m)
💰 Price: 0.02085 Context
Sharp rejection from 0.02126, followed by a controlled pullback into 0.02057. Price is attempting a relief bounce, but it’s still pushing into overhead MA resistance — recovery, not a trend flip yet.
Market Structure
Impulse → Rejection → Corrective leg
• Reclaimed MA(7)
• Below MA(25) ~0.02082 & MA(99) ~0.02094
📌 Needs acceptance above MA cluster to turn constructive
Key Levels
🟢 Immediate Support: 0.02070 – 0.02060
🟢 Major Support / Invalidation: 0.02055
🔴 First Resistance: 0.02095 – 0.02100 (MA99 zone)
🔴 Major Resistance: 0.02120 – 0.02126
🚀 Breakout Acceptance: Above 0.02126
Volume Insight
• Heavy sell volume on rejection → distribution
• Bounce volume improving but not dominant
• Strong follow-through needed above 0.02100
Scenarios
1️⃣ Relief Bounce (Most Likely)
Hold above 0.02060 → test 0.02095–0.02100
Good zone for scalp reactions
2️⃣ Bullish Recovery (Needs Confirmation)
15m close above 0.02100
Acceptance above MA25/MA99
🎯 TP1: 0.02120
🎯 TP2: 0.02126
📌 Volume expansion required
3️⃣ Bearish Continuation
Loss of 0.02055
Next supports: 0.02020 → 0.01985
Bounce failure confirmed
Trade Plans
🟢 Aggressive Scalp Long
Entry: 0.02065 – 0.02075
SL: 0.02048
TP: 0.02095 → 0.02110
🟢 Confirmation Long (Safer)
Entry: After 15m close above 0.02100
SL: 0.02070
TP: 0.02120 → 0.02126
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