COTI Explodes 20% From Lows, Chart Hints $0.20 Target Ahead
- COTI rebounds from a low of $0.05004, beginning a strong upward move fueled by overall market recovery.
- The token is up nearly 7% in 24 hours with trading volume spiking 247% to $37.59M.
- A falling wedge pattern signals a potential breakout toward $0.20, a 77% move from current levels.
- The token is up almost 20% on higher timeframes, confirming strong bullish momentum.
COTI is in the bullish price territory and experiencing a surge in its value. As the overall market is in a bullish phase with Bitcoins recent surge, that is propelling a fresh wave of optimism among the market participants. COTI is benefitting from this positive market phase.
After facing several weeks of volatility triggered by macro factors that propel huge sell-offs in the overall market. COTI is now well positioned for aa huge surge and recovering from its losses. The token hit its recent low at $0.05004 and rebounded strongly and started its upward trajectory.
Over the last 24 hours, the token is up by almost 7%, showing signs for further upward movements. Currently, the token is trading at $0.07041 with a 24-hour trading volume of $37.59M, which is significantly up by 247%, showing signs for bullish movements. Looking at a higher time frame, the token is significantly up by almost 20%, showing strong bullish signs.
Chart Points to $0.20 COTI Move
A recent X post from World Of Charts shared an exciting chart, pointing to a falling wedge pattern, a sign that often hints at a big upward move after a long dip. Looking at the chart, COTIs price has been on a downward slide since September 2024, dropping from $0.2000 to a low of $0.0500 by early 2025.
But as of April 20, 2025, its sitting at $0.1127, hovering near the top of this wedge pattern. According to World Of Charts, if COTI breaks out of this wedge, it could shoot up to $0.20; thats a 77% jump! Falling wedges often signal a trend reversal, so this could be a big moment for COTI holders.
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Read more: https://www.tronweekly.com/coti-explodes-20-from-lows-chart-hints-0-20-target-ahead/
Text source: TronWeekly
