@abuash

COAI 4H The current price of COAI is in a sharp retracement phase following a strong upward move. The structure suggests a potential re-accumulation within multiple layered demand zones between $6.0–$4.0, which previously acted as a strong buying interest area during prior reversals. The stochastic indicator is in the oversold zone (3.15–6.24) and starting to curve upward, indicating a possible short-term reversal. Scenario: If the price manages to form a higher low within the demand zone, a rebound toward the $10–$12 area is likely. However, if the price breaks down below $4, the structure will shift into a continued bearish trend, opening the way for a deeper correction.

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