$COAI

On a 15-minute frame

1. General direction:

· Clear downward trend across all time frames: the current price ($0.51365) is below all moving averages (EMA 7, 25, 99), indicating seller dominance and weakness in the upward trend.

2. Momentum and volatility indicators:

· RSI Indicator (43.54): below the 50 level, indicating downward momentum, but not in the oversold area (below 30) yet.

· Moving averages: the downward arrangement of the price below all EMAs confirms the strength of the downward trend.

3. MACD Indicator:

· Negative and trading at the signal line: the MACD value is very negative (-0.00407) and the signal line is also negative, reinforcing the continuity of downward momentum. The crossover of the lines below zero is a strong bearish signal.

4. Immediate support and resistance levels:

· Immediate support: at $0.51362 then $0.49905 (the lowest drawn low).

· Immediate resistance: at $0.51743 (EMA 7) then $0.52600 (EMA 99).

· Current trading range: between $0.49905 and approximately $0.53581.

5. Volume:

· The current volume is relatively high (104.9M) compared to the averages, which may indicate interest or selling pressure at these levels.

Summary:

The market is in a strong downward trend with ongoing selling pressure. Any attempt to rise will face resistance at the moving averages. Critical support at $0.49905, and if broken, the decline may continue.