I am shorting at 6 waiting a 40%-50% correction
$COAI has ripped higher into Oct 9, 2025, trading around $5.8–$6.0 with ~$175–$215M 24h volume and ~$1.15B market cap. Most spot volume concentrates on Bitget (≈80%+ of CEX flow), with smaller clips on MEXC/XT and BSC DEXs—useful context for liquidity quality.
RSI snapshot. On RSI Hunter, COAI shows Relative Strength ≈57 (neutral-bullish). Short-term momentum edges hot: 1h RSI ~58, while the 7-day RSI prints ~70 (overbought zone), aligning with a vertical weekly move (>1,800% 7D; >2,300% 14D). Translation: trend is up, but risk of sharp mean-reversion is elevated.
MAs and structure. Hourly SMAs slope up: price above 8/13/21-SMA, far above the 55-SMA (~$4.2) and 144-SMA (~$2.2), signaling strong upside momentum but a stretched distance to dynamic support. Pullbacks into the 21–55SMA band would be typical in a cooling phase.
Token/supply basics. Ticker: COAI. Chain: BNB Chain. Contract: 0x0A8D…6EA5. Circulating ~196.48M (max 1B). High FDV vs. float implies dilution risk as unlocks/expansions occur.
Could the price be manipulated? In crypto, it’s possible, especially when:
Volume is concentrated on few venues (easier to influence tape). COAI’s spot flow is heavily skewed to one CEX today. CoinGecko
Newly listed tokens experience hype-driven order book gaps and thin real liquidity. (General market behavior.)
Tactics like wash trading/spoofing are documented across exchanges and DeFi; academic and industry work outlines detection patterns (abnormal trade distributions, self-trading clusters, layered orders).
{future}(COAIUSDT)