$COAI — Price stabilization within a high-timeframe demand zone suggests a potential momentum shift.
Long : (MAX x10)
Entry: 0.8500 - 0.9500
TP1: 1.2500
TP2: 1.6500
TP3: 2.1000
SL: 0.7200
$COAI is currently consolidating at the base of a significant corrective phase following the initial hype cycle. Price action shows aggressive sellers are exhausting near the 0.75 - 0.85 support cluster, which has held as a firm floor despite broader market volatility.
The structure remains corrective but is transitioning into a base-building stage. We are seeing a lack of acceptance below recent lows, and the narrowing Bollinger Bands indicate an imminent volatility expansion. Reclaiming the 20-EMA on the daily timeframe would confirm a bullish reversal and provide the momentum needed to target the overhead resistance zones at $1.25 and $1.65.
Trade $COAI here👇
