- COTI keeps support at $0.045–$0.05 since April 2025, showing steady buyer interest.
- MACD shows bullish crossover and rising volume points to upward momentum.
- Breaking the main downtrend line is crucial for a clear rally to start.
COTI is trading around $0.0525 with a 6.36% 24 hours gain and steady volume. The coin holds near $0.05 support after months of pressure, setting the stage for a potential breakout toward $0.09 if buying momentum continues.
Support Holds Strong Under Downtrend
Since late 2024, COTI has been moving in a downward channel. This means lower highs and lower lows. But the price keeps bouncing near $0.045–$0.05. This level has stopped further drops since April 2025. Buyers are stepping in here.World of Charts via X shared a chart highlighting this.
The channel shows clear resistance and support lines. Recently, COTI tried to break above the short-term downtrend inside the channel. This is a good sign. It shows sellers may be losing control. If the price breaks out here, it could start a rally or at least a short-term relief.
Indicators Show Rising Momentum
On the 4-hour chart, the MACD indicator gave a bullish crossover. This happens when the MACD line crosses above the signal line. It often means the price will move up.
Also, volume has increased with the recent price rise. More volume on up moves means real buying interest. This makes the breakout attempt stronger.
But the RSI is near 70.68, which is overbought territory. This means the price may pause or pull back soon before moving higher.
COTI’s market cap saw a sharp recovery between September 3 and 9,after a brief dip early in the week.After consolidating around $112.5M.It surged past $122.5M, reflecting strong buyer interest.This rising momentum signals renewed confidence among investors.
Breakout Above Resistance Needed
COTI still faces a big resistance—the main downtrend line. To confirm a real rally, the price must break and hold above this line.
If it fails, the price could fall back to $0.045–$0.05 again. A clean breakout above around $0.053 would signal a stronger move up. Traders will watch this level closely.
COTI’s steady support and rising momentum make it worth watching. The next few days will show if the breakout holds or not.
