$COTI
Technical Analysis of COTI/USDT: Bulls Seeking Higher Levels! š
Presently, $0.16482
With support held above important levels, COTI is displaying a robust bullish trend. The market might be getting ready for the next step up if the bullish conditions continue, as the recent price action indicates a strong upward momentum.
š Important Levels to Monitor:
COTI may move toward $0.1800 and $0.1900 if it breaks above the immediate resistance level of $0.1700.
Key Support: $0.1600: Maintaining the positive tilt depends on this support level. A decline below might push momentum to neutral and test $0.1500.
Approach to Entry:
Watch for a verified breakout over $0.1700, traders, with a target of $0.1800 and $0.1900. In order to validate the move, volume confirmation is essential.
Pullback traders: To reduce downside risk, think about entering close to $0.1600 and placing stops below $0.1500.
š What Comes Next?
At $0.1700, COTI is very close to a significant resistance level. A new bullish surge can start if there is a clear breach above this level. To validate the next move, keep an eye on price activity and volume increases.
Is a possible breakout imminent for COTI? Will the bulls continue to push higher? Watch this space for the next big step!