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, which reflects the possibility of a short-term correction. MACD still gives a positive signal but decreases the margin, implying a weak buying power.
Bollinger Bands: The price is moving close to the upper band in many time frames, signaling that the market can reach a short-term peak before adjusting.
With the current high volatility, if you buy more right away, there will be a potential risk of adjustment in the short term.
👉Trade: $COAI
2. Futures contract data
Funding Rate is currently -0.001071, reflecting the market sentiment that is more inclined to short than long.
The long/short ratio of common and elite accounts is inclined to short (>60% short), implying that the market is expecting the price to adjust.
👉Trade: $COAI
3. Macro market signs
The Fear & Greed index is at 35, showing that investor sentiment is near the fear zone, which is often not the optimal time to expand a short-term buying position if the trend has not reversed clearly.
The Altcoin Season index is at 45, which has not yet entered the strong growth zone of altcoin, implying that the general support momentum has not really exploded for groups like COAI.
👉Trade: $COAI
📈 Strategy proposal
Currently, COAI is still on short-term and long-term MA lines, showing that the long-term trend is still motivated to increase. However, technical data and market psychology show the risk of short-term adjustment quite clearly.
If your goal is a long-term investment, you can split the capital and buy it in part when the price adjusts to stronger support levels, in order to optimize the capital price.
If you prefer short-term trading, you should wait for a clear reversal signal (KDJ turns around, MACD expands positive margin) or price reaction at the support area before increasing the position.
The current market sentiment does not support buying more immediately, but there is still potential if risk management is strictly and capital fluctuations are monitored.
👉Trade: $COAI
📌 Conclusion
Temporarily, be cautious about buying more COAI at the price of 17,3374 USDT because short-term technical signals and market sentiment are showing the possibility of correction. However, the long-term trend is still positive if you are patient and allocate capital reasonably when the market creates a more attractive price zone.