$COTI / USDT – Mild Downtrend in a Tight Range

Current Price: $0.04856 (-1.36%)

Price is hovering near support at $0.04816, signaling a potential decision point.

Technical Summary:

• 24h High: $0.04964

• 24h Low: $0.04816

• 24h Volume: 23M COTI / $1.13M USDT

• Short-Term Trend: Bearish shifting to sideways

• Support Zone: $0.04816 – $0.04800

• Resistance Zone: $0.04964 – $0.04970

Trade Scenarios:

✅ Bounce from Support

• Entry: $0.04820 – $0.04850

• Target 1: $0.04906

• Target 2: $0.04960

• Stop Loss: $0.04780

• Note: Weak volume — consider smaller position

🔻 Breakdown Setup

• Trigger: Clean break below $0.04810 with volume

• Target: $0.04750

• Stop Loss: $0.04870

• Confirmation: Use 15-minute or 1-hour candle close

Observations:

• Tight 24-hour range (3.05%) means low volatility — good for scalpers

• Bearish pressure is present but no major sell-off yet

• Best for traders watching closely near key levels for confirmation

$COTI