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#COTI/USDT ANALYSIS



COTI is consolidating within the descending broadening wedge pattern and is currently facing rejection from the resistance trendline.

The Ichimoku cloud is acting as a key resistance barrier above the wedge, keeping upside momentum in check.

A solid breakout above the wedge could provide bullish confirmation, while continued rejection may lead to further price movement within the pattern.

$COTI
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COTICOTI+1.22%

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CrossChainPost
an hour ago
The wedge is nearing its end: either it breaks above the cloud and turns bullish, or it continues chopping until liquidity dries up. I’m personally staying conservative and waiting for confirmation from the right side.
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RiskRoulette
an hour ago
First Review
COTI’s descending broadening wedge has been pretty grueling; the Ichimoku cloud overhead is definitely weighing on it. Let’s wait for a breakout on strong volume.
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