【$COAI Signal】Long! Strong breakout on the 1H timeframe followed by high-level consolidation, waiting for a second surge

$COAI The 1H timeframe has experienced a massive rally and is currently consolidating strongly at high levels. The price remains firmly above the 1H EMA20 (0.3711) and the 4H EMA20 (0.3366), which is a clear bullish signal. Although the 1H RSI is as high as 84.55, indicating overbought conditions, in the volatile Hot Coin market, overbought levels can persist longer. The key is the order book: sell-side depth is much greater than buy-side (depth imbalance -1.72%), yet the price has not fallen, indicating that selling pressure above is being absorbed by continuous buying, which suggests main force support or passive short covering. The 4H level has seen a massive bullish breakout from a long-term consolidation zone, and the trend has shifted to bullish.

🎯Direction: Long (Long)

🎯Entry/Order: Enter immediately within the current price range of 0.4320 - 0.4330 (Reason: upper boundary of strong consolidation zone, waiting for a secondary launch).

🛑Stop Loss: 0.4180 (Reason: Break below the start of the large bullish candle on the 1H timeframe and the previous small platform support, also aligns with ATR (0.0213) for a reasonable retracement).

🚀Target 1: 0.4445 (Reason: Testing previous high resistance, also a psychological round number).

🚀Target 2: 0.4650 (Reason: Based on breakout structure, Fibonacci extension at 1.618).

🛡️Trade Management:

- Position size suggestion: Light position (Reason: RSI is extremely high, short-term volatility is intense, risk is amplified).

- Execution strategy: After reaching 0.4445, reduce position by 50%, and move the remaining stop loss up to the entry price of 0.4330. If the price fails to break 0.4445 and falls below 0.4330, exit all positions.

Depth logic: Open interest (OI) remains stable, with no significant decline after a large rally, indicating that bullish positions have not been largely profit-taken, and confidence remains. Funding rate is only 0.005%, indicating no overheating, reducing the risk of a sharp decline caused by forced liquidation. Combining market logic: “Price rising, determine whether it’s main force entering or shorts stepping on the gas,” current stable OI + firm price suggests main force pushing in. The buy/sell ratio on the 1H during the rally reached 0.54, showing buy dominance. This is a typical momentum continuation strategy, aiming for the second wave of upward movement after consolidation.

Trade here 👇 $COAI

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