COAI in Accumulation – Range Expansion SetupCOAI has transitioned into a clear accumulation phase after the impulsive move and subsequent decline. Price is currently trading within a defined range, indicating balance between buyers and sellers.
The next significant move will come from a range expansion.
A breakout above the upper boundary of the accumulation would open the way for a bullish continuation, with a long target around $1.00.
If the accumulation range breaks down to the downside , bearish continuation becomes likely, with a downside target near $0.33.
Until a decisive breakout occurs, price remains range-bound and patience is key.
Key levels: Range high / Range low
