COTI/USDT Bullish Flag Forming – Next Big Move Ahead? 🚩🚀
COTI/USDT is currently trading around $0.08759, showing a positive push of +2.55%, and forming a bullish flag pattern – a classic signal of possible trend continuation.
🔼 Key Resistance Levels:
$0.10000
$0.12739
$0.19027
$0.27597
Main Resistance Zone: $0.34115 – $0.35000
🔽 Support Levels:
$0.05000 – $0.03883 (Support Zone)
📈 Scenarios to Watch:
1️⃣ Bullish Breakout:
If COTI breaks above the upper line of the flag, it could surge toward $0.12739 and even higher. The pattern suggests continuation after a strong move, so momentum may build fast if volume supports it.
2️⃣ Consolidation:
COTI may continue moving inside the flag before a breakout. This would be a healthy pause before the next leg up.
3️⃣ Rejection at Resistance:
If COTI fails to break $0.10000, a pullback toward the lower part of the flag or support around $0.05000 could happen.
4️⃣ Bearish Breakdown:
A move below the flag’s support trendline could lead COTI down to the $0.03883 – $0.05000 zone, invalidating the bullish setup.
📊 What to Watch:
Trading Volume: A breakout with strong volume = strong bullish confirmation
Market Sentiment: Broader trends can sway COTI’s direction
COTI News: Updates or partnerships could trigger quick moves