MyCryptoParadise_Nathan

COTI/USDT Bullish Momentum if successful breakout this level!

BINANCE:COTIUSDT   COTI / TetherUS
πŸ’Ž COTI has become a focal point in the market, yet it has faced challenges in surpassing a key resistance area. A successful breach of this resistance could probability lead to a significant upward trend, with our next goal being the strong resistance area.

πŸ’Ž However, if COTI is unable to break through this resistance soon, it might retreat to retest the demand area around $0.063, in an effort to gather momentum for another breakout attempt.

πŸ’Ž In the demand zone, a strong response is essential for COTI. It needs to demonstrate a robust bounce from this level. If COTI only consolidates at this support without showing any significant recovery, there's a risk that it could lose this crucial support zone. Such a development would be a bearish signal, potentially indicating a breakdown below the support bullish trendline. Should this occur, the next probable destination for COTI would be the Bullish OB area.

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