COTI analysis:

The price is currently testing a significant resistance area, which is a no-trade zone. We need to observe whether the price can break above this level. If it does, we can expect an upward movement to continue. However, if there is a rejection at this point, the price will likely retrace back toward the support area.

Support Area: $0.0484-$0.0546

Resistance Area: $0.0773-$0.0822