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$COTI Market Insight 🚀
The liquidation tape shows a notable cluster of short liquidations around $0.01204-$0.01206, suggesting bears were squeezed as price pushed higher. This often signals short-term bullish momentum, but confirmation comes only if buyers maintain control above the breakout area. The immediate support sits near $0.01190, with stronger demand expected around $0.01170. On the upside, the first resistance is $0.01230, followed by $0.01260 if momentum accelerates. A sustained move above resistance could trigger another wave of short covering and attract fresh buyers. Target 🎯: $0.01230 → $0.01260 → $0.01290. Stop-loss: $0.01175 for aggressive longs. Next Move: Bullish bias while price holds above support; expect consolidation before another attempt high
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