COTI is still in a clear downtrend on the 1D chart.
After a strong drop, price is now slowly moving up inside a small rising channel. This looks like a classic bear flag — which usually means the market is just taking a short break before continuing lower.
Right now, price is near the top of the flag and facing resistance.
🔴 Bearish Scenario (Main Outlook)
If price breaks below 0.0130 – 0.0120, the continuation becomes likely.
Possible targets:
• 0.0120
• 0.0112
• 0.0103 (major support)
Bear flags typically continue in the direction of the previous move — and the previous move was down.
🔵 Bullish Scenario (Invalidation)
Bulls need a strong breakout above 0.0160 – 0.0170 with volume.
If that happens, targets could be:
• 0.0180
• 0.0200
Without a clean breakout, upside remains weak.
🎯 Key Zone Right Now
This is a decision area.
Either breakdown and continuation…
Or breakout and structure shift.
No confirmation = no trade.
Stay disciplined. Wait for the level to break.