$COTI 🔍
#COTIUSDT – Short-Term Bullish Rebound Within a Broader Bearish Structure
COTI is attempting a short-term recovery after a sharp sell-off, but the higher-timeframe structure still leans bearish. This sets up a counter-trend bullish bounce rather than a full trend reversal.
Market Structure
Price topped near 0.02428 and printed a series of lower highs and lower lows, confirming a bearish structure on the higher timeframe. However, the recent defense of 0.01876 formed a short-term base, from which price is now stabilizing around 0.0195–0.0196.
Key Levels
Support: 0.0187 (range low), then 0.0184
Resistance: 0.0199–0.0200 (EMA99 zone), then 0.0221
A clean break and hold above 0.0200 would be the first sign of structural improvement.
Indicators & Momentum
MACD: Histogram flipped positive, signaling early bullish momentum.
RSI (6/12): Recovered to neutral-bullish territory, showing returning buyers after oversold conditions.
Despite this, price remains below EMA99, keeping the macro bias cautious.
Volume & Flow
Volume has cooled after the sell-off, suggesting selling pressure is easing rather than aggressive accumulation. Concentrated trading activity implies volatility risk if larger players step in near resistance.
Outlook
Bias remains short-term bullish, medium-term bearish. A push toward 0.0200–0.0220 is possible if momentum holds, but rejection at EMA99 could trigger another range rotation back toward support.
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