$COTI (1h) - Rejection Short


Bias: Short
Entry (Zone): 0.0129 - 0.0131
Targets:
TP1: 0.0125
TP2: 0.0122
TP3: 0.0119
Stop Loss: 0.0134
Why this Setup:
I’m seeing price reject the recent highs after a strong push up, and the momentum is starting to fade near resistance. I want to fade this move on a clean pullback into the same zone, looking for a retracement toward the prior support areas if buyers fail to reclaim the top cleanly.
COTI5.46%
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