COTI is maintaining its position near the $0.05 support level, with technical indicators suggesting potential for a breakout. A bullish MACD crossover and increased trading volume point to upward momentum, with a possible rally to $0.09–$0.10 if the price breaks above $0.053. The support range of $0.045–$0.05 has been stable since April 2025, indicating strong buyer interest.
COTI's market capitalization has increased from $112.5 million to over $122.5 million in early September, highlighting renewed buying interest. However, traders should note the RSI near 70.68, which suggests short-term overbought conditions. A decisive move above the descending trendline at approximately $0.053 is needed to confirm a breakout, with risk management advised through stops below the support band.
COTI Eyes Breakout as Price Holds Near $0.05 Support
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