$COAI is showing a weak bounce into resistance — and that’s where traps usually form.

$COAI - SHORT

Trade Plan:

Entry: 0.2720 – 0.2740

SL: 0.2785

TP1: 0.2665

TP2: 0.2645

TP3: 0.2610

Why this setup?

Price spiked aggressively but failed to hold above the 0.2750 zone, showing rejection after the liquidity grab. The current structure is a lower high formation on the 1H chart, with price struggling to sustain momentum above resistance.

The bounce from 0.2650 looks corrective rather than impulsive, and volume does not support a strong continuation upward. This increases the probability of a downside move if sellers step back in near current levels.

Click below for trade 👇

COAIUSDT

Perp

0.2747

+3.66%