$COTI Is there a 20% move in 24 hours.. Are we looking at a healthy correction or the start of a deeper bearish trend?
The price at $0.01445 with low trading volume (0.7 ratio) suggests the absence of real selling pressure.. The decline came on thin liquidity, increasing the likelihood of a near-term technical rebound
Most likely scenario: a corrective rebound toward 0.0155-0.0160, provided that support at 0.0140 holds, while monitoring the RSI for a move out of oversold zones on the 15-minute timeframe
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$COTI
This content is not investment advice—do your own research (DYOR)
The price at $0.01445 with low trading volume (0.7 ratio) suggests the absence of real selling pressure.. The decline came on thin liquidity, increasing the likelihood of a near-term technical rebound
Most likely scenario: a corrective rebound toward 0.0155-0.0160, provided that support at 0.0140 holds, while monitoring the RSI for a move out of oversold zones on the 15-minute timeframe
Follow us so we can continue with more
$COTI
This content is not investment advice—do your own research (DYOR)
