$COAI

Moving Averages

MA(5): 1,969,301.6

MA(10): 1,508,267.7

(Note: These large MA values are volume-weighted on Binance mobile charts — focus on price movement relative to MA line trends.)

MA5 (yellow) is below MA10 (purple) → short-term bearish confirmation.

However, both MAs are flattening, hinting at potential consolidation.

Price Action (K-Line Reading)

Sharp pump to $3.80, followed by aggressive sell-off to $2.42.

The price retraced almost 35% from the peak — classic post-hype correction.

The latest candles are forming a sideways channel between $2.42–$2.66, suggesting stabilization after panic selling.

A small bullish candle has just appeared near $2.50, hinting at early buyer defense.#AltcoinETFsLaunch