The token jumped hard: COAI swapped hands around $6.32 USDT recently. What caught traders off guard is the size of the move — it appears to have ripped through recent resistance levels. According to charts on TradingView the perpetual contract for COAI/USDT registered an 84 %+ gain in a short span, with volume surging.
Still, a couple of alarm bells: technicals flag “strong sell” in multiple frames. And while some traders are calling this a “bottom in”, the data don’t confirm a long-term reversal yet — many crucial supports and market-structure cues are still unresolved. If you’re thinking about entering, be cautious: good momentum, yes, but high risk still. It’s the kind of setup where upside might be real — or where it could reverse just as fast. Watch this one closely.