Dear My Friends,
🧠Trend Overview
Current Trend: Strong uptrend (parabolic move) – the price has surged vertically from around 1.3 → 5.7 USDT within just a few days.
Observation: A long upper wick candle has appeared at the top, indicating that profit-taking pressure is starting to emerge.
Volume: Trading volume is declining while price continues to rise, showing signs of bearish volume divergence, which warns of a potential trend reversal.
đź“Š RSI & Momentum Analysis
On the 1-hour timeframe, the RSI is currently in the overbought zone (above 80) → indicating high correction risk.
There are signs of bearish divergence between price and RSI:
🔺 Price forms higher highs
đź”» RSI forms lower highs
→ This is a short-term top warning signal.
🎯 Strategic Outlook
→ Avoid FOMO buying at the current price zone, as the correction risk is high.
→ If you’re already holding a long position, consider using a trailing stop or taking partial profits around 5.7 – 6.0 USDT.
For futures traders:
→ You may look for a light short entry around 5.8 – 6.0 USDT.
đź’ˇ Conclusion
COAI is currently in the final euphoric phase of its uptrend, showing signs of bearish divergence and weakening volume, which suggests a high probability of an upcoming correction phase.
🧠Trend Overview
Current Trend: Strong uptrend (parabolic move) – the price has surged vertically from around 1.3 → 5.7 USDT within just a few days.
Observation: A long upper wick candle has appeared at the top, indicating that profit-taking pressure is starting to emerge.
Volume: Trading volume is declining while price continues to rise, showing signs of bearish volume divergence, which warns of a potential trend reversal.
đź“Š RSI & Momentum Analysis
On the 1-hour timeframe, the RSI is currently in the overbought zone (above 80) → indicating high correction risk.
There are signs of bearish divergence between price and RSI:
🔺 Price forms higher highs
đź”» RSI forms lower highs
→ This is a short-term top warning signal.
🎯 Strategic Outlook
→ Avoid FOMO buying at the current price zone, as the correction risk is high.
→ If you’re already holding a long position, consider using a trailing stop or taking partial profits around 5.7 – 6.0 USDT.
For futures traders:
→ You may look for a light short entry around 5.8 – 6.0 USDT.
đź’ˇ Conclusion
COAI is currently in the final euphoric phase of its uptrend, showing signs of bearish divergence and weakening volume, which suggests a high probability of an upcoming correction phase.
Declinazione di responsabilitĂ
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Declinazione di responsabilitĂ
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.