#COAIUSDT 4H CHART
ANALYSIS UPDATE
#Crypto #COAI $COAI
Our previous analysis on this coin was invalidated so our insight on it needed an update.
Important note is that some insights are better suited for spot trading specially the ones with bigger price movements. Cause those who jump in any analysis with leverage, are just gamblers who market will liquidate eventually.
For now price has not been able to break free from the descending bow line and is under a heavy selling pressure. But whenever a breakout happens (black & blue scenario), highlighted targets can be achievable.
Second point is for those friends who bought on SPOT and still holding. You can add another level to your holdings at lower support levels to DCA.