π Paradisers, #COTI has recently exhibited notable market dynamics, particularly with a bounce from the support area.
π Historically, when COTI hits this support level, it tends to sustain and rebound, suggesting a similar pattern may unfold now. There's potential for the price to test the strong resistance area if this pattern continues.
π However, a breakdown below the support area could signify a bearish trend, leading to further downward movement towards the $0.11 support level.
π It's crucial for COTI to bounce from the support and reclaim the price above it. Failure to do so could result in continued downward movement.
0.210 may be the nearest target