【$COAI Signal】Long - 1H pullback confirmation, main force clearly intends to support the market
$COAI On the 1H timeframe, after a massive surge yesterday, it is currently at the end of a healthy flag pattern consolidation, with the price supported above EMA20 (0.4133), gathering momentum. The 4H timeframe has stabilized above EMA20 (0.3642) and broken through the previous consolidation range, indicating a trend reversal to bullish. Market depth shows buy orders far exceeding sell orders (depth imbalance of 13.8%), and open interest remains stable. The main force’s intention to support the market is clear, rejecting deep pullbacks.
🎯Direction: Long (Long)
🎯Entry/Order: 0.4250 - 0.4270 (Reason: 1H EMA20 support zone & lower boundary of the flag pattern )
🛑Stop Loss: 0.4150 (Reason: Break below the flag pattern & previous 1H candle low )
- Position size suggestion: Standard position (Reason: 4H trend established, 1H structure clear, risk-reward ratio >1.5 )
- Execution strategy: After the price reaches 0.4450, reduce position by 50% and lock in profits, move the stop loss of the remaining position up to entry price 0.4270. If the price strongly breaks through 0.4450, move the stop loss up to 0.4350 to aim for the second target.
Depth logic: In the past 24 hours, the price has increased by nearly 19%, but open interest remains stable rather than skyrocketing, indicating it’s not purely FOMO chasing the rally. There may be institutional funds building positions in an orderly manner. The 1H RSI (60.51) has healthy pullback from overbought territory, preparing for another rise. Large buy orders are stacked in the 0.425-0.426 range (depth data), forming a solid support wall. Combined with positive funding rates that are not high, this indicates a healthy bullish market.
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【$COAI Signal】Long - 1H pullback confirmation, main force clearly intends to support the market
$COAI On the 1H timeframe, after a massive surge yesterday, it is currently at the end of a healthy flag pattern consolidation, with the price supported above EMA20 (0.4133), gathering momentum. The 4H timeframe has stabilized above EMA20 (0.3642) and broken through the previous consolidation range, indicating a trend reversal to bullish. Market depth shows buy orders far exceeding sell orders (depth imbalance of 13.8%), and open interest remains stable. The main force’s intention to support the market is clear, rejecting deep pullbacks.
🎯Direction: Long (Long)
🎯Entry/Order: 0.4250 - 0.4270 (Reason: 1H EMA20 support zone & lower boundary of the flag pattern )
🛑Stop Loss: 0.4150 (Reason: Break below the flag pattern & previous 1H candle low )
🚀Target 1: 0.4450 (Reason: Previous high resistance & 1.272 Fibonacci extension level )
🚀Target 2: 0.4650 (Reason: Historical high & 1.618 Fibonacci extension level )
🛡️Trade Management:
- Position size suggestion: Standard position (Reason: 4H trend established, 1H structure clear, risk-reward ratio >1.5 )
- Execution strategy: After the price reaches 0.4450, reduce position by 50% and lock in profits, move the stop loss of the remaining position up to entry price 0.4270. If the price strongly breaks through 0.4450, move the stop loss up to 0.4350 to aim for the second target.
Depth logic: In the past 24 hours, the price has increased by nearly 19%, but open interest remains stable rather than skyrocketing, indicating it’s not purely FOMO chasing the rally. There may be institutional funds building positions in an orderly manner. The 1H RSI (60.51) has healthy pullback from overbought territory, preparing for another rise. Large buy orders are stacked in the 0.425-0.426 range (depth data), forming a solid support wall. Combined with positive funding rates that are not high, this indicates a healthy bullish market.
Trade here 👇 $COAI
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