Everyone is chasing the green candles on the big caps while $COAI ‌ is doing this.


The daily chart is looking like a classic accumulation range. We’ve been bouncing between 0.28 and 0.33 for a while now after that rejected pump to 0.46 back in mid-February. It's boring, but boring is usually where the money is made.
Volume is pretty low right now, only about 15M COAI traded in 24 hours. That tells me the sellers are exhausted but the big buyers haven't stepped on the gas yet. We’re currently sitting right at the local resistance of 0.3250.
If we can actually close a daily candle above 0.3350, I think we see a quick move back toward 0.38. Until then, it’s just a scalp game in this range. Keep an eye on the 0.29 level, if that fails, we’re visiting the 0.25 lows again.

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COAI7,5%
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