$COTI has seen short liquidations around $0.01174, a sign that bearish positions are getting squeezed as buyers regain control. If price continues holding above the immediate support, momentum could accelerate into the next resistance zone.
Support: $0.01150
Resistance: $0.01210
Next Targets: $0.01250 → $0.01300 → $0.01380
A clean breakout above resistance with rising volume could trigger another wave of short covering. Watch for strong candle closes above $0.01210 before expecting continuation. Risk management remains essential while volatility increases.
Confidence: 8/10
Risk: Medium
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