Coti appears to be bullish at the moment. However, today, it experienced a drop after touching the 200-day moving average (200MA) in the 1-day time frame. It has support around $0.048 and is currently following an upward trend supported by buying volume, suggesting a potential rising pattern. For spot traders, it appears to be a good opportunity. Future traders may consider waiting until it touches $0.048. Coti is a part of the DeFi sector, and this month, most of the top-performing coins are from the DeFi sector. Therefore, there is a high chance that positive market sentiment will continue to drive its upward movement.
ENTRY -$.048
TARGET -$.057
LEVERAGE -10×
SL -$.046
Trade ratio -1:4.5
