๐น COTI/USDT Weekly Chart Analysis โ Major Reversal Incoming? ๐
#COTIUSDT #COTI/USDT. #Coti #MarketOutlook
๐น Market Outlook :
COTI has reached a key bottom support zone, historically a strong demand area. The current structure hints at a potential bullish reversal, with upside targets of at least $0.30 in the coming months.
๐ Key Price Levels :
Major Support Zone : $0.0665 - $0.0704 (Critical buy zone)
Immediate Resistance : $0.0734
Major Resistance Levels : $0.0771, $0.1235, $0.1301
๐ Bearish Scenario :
A break below $0.0665 could lead to further downside towards $0.0596, invalidating the bullish setup.
๐ Bullish Potential & Trade Setup :
Accumulating in the $0.0665 - $0.0704 range may yield 300%+ gains if COTI reaches its $0.30 minimum target.
A weekly close above $0.0771 confirms a trend reversal, with $0.1235 - $0.1301 as major breakout levels.
โ ๏ธ Conclusion & Pro-Tip :
COTI is at a historical accumulation zoneโearly entries could see massive upside.
RSI is at 40.44, indicating an oversold conditionโperfect for a reversal.
Traders should set stop-losses below $0.0665 to minimize risks.
๐ Investor Advice :
Patience is key! If the market holds this zone, a rally to $0.30+ is likely in the mid-term. ๐