$COTI looking spicy 🔥
Been watching this one and it's definitely showing some strength. Nice push up here, and you can see that volume picked up on those green candles, which is what we like to see for confirmation.
We hit that 0.0595 resistance earlier today and saw a bit of a pullback, but it's holding up pretty well around 0.057 - 0.058. That could be forming a new short-term support.
If we can break cleanly above 0.0595 with some decent volume, next logical target would be aiming for 0.06+. Keep an eye on that area. If it fails to hold, could see a retest of lower supports around 0.055.
Always manage your risk, folks. Trade safe!