I fumbled $COTI badly: I watched it reject $0.017, then convinced myself the dip was “healthy” and held through the slide. Brutal. 😬
Now it’s $0.0108, down 6.64% today, with $3.34M traded. The 4h drop is 7.4%, RSI sits at 42, and volume is only half its 20d average. Price is below both the 20d and 50d MAs while longs are still paying 0.003% funding. That’s not strength.
At $0.0100, I’d stop forcing the thesis and wait for a reclaim, especially with $ETH holding the broader tape together. 🧊
#COTI #Binance
Now it’s $0.0108, down 6.64% today, with $3.34M traded. The 4h drop is 7.4%, RSI sits at 42, and volume is only half its 20d average. Price is below both the 20d and 50d MAs while longs are still paying 0.003% funding. That’s not strength.
At $0.0100, I’d stop forcing the thesis and wait for a reclaim, especially with $ETH holding the broader tape together. 🧊
#COTI #Binance