COTI/USDT Weekly Analysis – Potential Macro Reversal in PlayThe chart displays a long-term downtrend structure for COTI/USDT, yet a significant accumulation zone is forming around the $0.036–$0.045 range (highlighted in yellow). This area has acted as a key support level multiple times since 2021, suggesting strong demand and a potential bottoming pattern.
🔍 Key Observations:
Macro Support Zone:
Price is currently trading within a strong historical support zone between $0.03607 (multi-year low) and $0.04500, where buyers have consistently stepped in over the past few years.
Potential Reversal Path:
The projected yellow path indicates a bullish scenario with a potential rally from current levels toward a series of resistance levels if a reversal is confirmed.
Major Resistance Levels to Watch:
$0.05046 – Minor local resistance
$0.06500 – Psychological resistance
$0.07403 – Structural level
$0.08998 – Previous rejection zone
$0.12000 – Psychological mid-range target
$0.13210 – Prior support turned resistance
$0.16000–$0.25207 – Key macro targets
$0.46767–$0.69400 – Long-term bullish targets if momentum continues
Bullish Breakout Triggers:
A confirmed breakout above $0.065–$0.074 may trigger momentum-based entries, especially if volume supports the breakout. Sustained price action above $0.12 would further validate the bullish trend reversal.
📉 Risk Management:
This setup is still speculative until a clear reversal structure forms on the weekly timeframe. Invalidation of the setup occurs if weekly candle closes decisively below $0.036.
Conclusion: COTI is currently at a pivotal zone. While the broader trend has been bearish, the current setup offers an attractive risk/reward for mid to long-term bulls if reversal confirmation appears. Watch for bullish weekly structure and volume expansion to validate the thesis.
