COTI +22% to $0.0127 in 24h, clearly outperforming the flat market.
Main driver:
Renewed focus on institutional privacy demand. Community update on Aug 12 highlighted record on-chain activity from institutions and growing need for privacy in asset encryption and stablecoin transfers.
Technical breakout above the 200-day SMA with volume up 48%. RSI 7-day at 76.6 (overbought).
Short-term:
Hold above $0.0120 → possible challenge of $0.0135 resistance.
Break below $0.0115 → risk of correction toward $0.0100.
Treasury pause decision remains a factor to watch. Momentum is positive but extended.
Not financial advice. High risk of reversal after the sharp move. Only risk what you can afford to lose. DYOR.
#COTI $COTI