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$COAI – Aggressive pump showing exhaustion signals with downside retracement anticipated
Trade Setup: Short $COAI
• Entry Zone: 0.063 – 0.068
• Target 1: 0.060
• Target 2: 0.058
• Target 3: 0.055
• Stop Loss: must please
Price action has delivered an aggressive pump with late-positioned buyers now chasing the extended move, creating conditions favorable for a downside reversal. A retracement toward the 0.055 level remains a probable scenario as trapped positions unwind. Manage risk parameters with discipline given the elevated volatility following the vertical expansion.
Just click trade here 👇