From the perspective of the exchange of "chips", the consolidation of $COTI above 0.01800 is extremely key.
In those days, the candles frequently rose and then fell again, suggesting that around 0.02036 a large number of trapped positions accumulated, while the main capital kept distributing chips steadily in the higher zones.
The entry point at 0.01563 fit perfectly at the confirmation level of the rebound after breaking the 0.01543 support; from there, the price collapsed.
The green MACD histogram kept widening, with greater exposure (gap) between DIF and DEA, confirming the start of the big bearish wave.
Now the price is at 0.01432, just one step away from the 24-hour low at 0.01354: in the short term, it’s worth watching for a rebound after oversold conditions.
The market always talks about COTI’s enterprise-level applications and the compliance narrative, but for traders the only thing that matters is whether the chips are loosening right now and whether money is flowing out.
In those days, the candles frequently rose and then fell again, suggesting that around 0.02036 a large number of trapped positions accumulated, while the main capital kept distributing chips steadily in the higher zones.
The entry point at 0.01563 fit perfectly at the confirmation level of the rebound after breaking the 0.01543 support; from there, the price collapsed.
The green MACD histogram kept widening, with greater exposure (gap) between DIF and DEA, confirming the start of the big bearish wave.
Now the price is at 0.01432, just one step away from the 24-hour low at 0.01354: in the short term, it’s worth watching for a rebound after oversold conditions.
The market always talks about COTI’s enterprise-level applications and the compliance narrative, but for traders the only thing that matters is whether the chips are loosening right now and whether money is flowing out.