【$COAI Signal】1H timeframe overbought, aiming for a pullback

$COAI 1H RSI surged to 82. After the price shot above the upper band of the Bollinger Band at 0.4844, it pulled back to 0.512. The buying depth is imbalanced by -12.64%, and active sell orders begin to appear. The 1H MACD histogram is still expanding, but there is a clear divergence between price and the indicator.

Price keeps testing the 0.510-0.516 range, and bullish momentum is fading. Short directly at this level; enter at the current price of 0.513, with the stop placed slightly above 0.506. Watch for a pullback to 0.534. Once it hits, take profits in batches; the second target is 0.543.

The funding rate of 0.076% isn’t extreme, but open interest remains steady while the price can’t hold new highs—this is a typical pump-and-distribution structure. The trading volume over the last hour shrank on the final candlestick, and buy-side follow-through is weak. The risk-reward ratio is close to 2. This trade is worth trying, but you must set a solid stop-loss. In such highly volatile coins, counter-moves can get extremely violent.

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