Technical analysis by CryptoNuclear about Symbol COTI: Buy recommendation (7/8/2025)

CryptoNuclear

📌 Overview:COTI is currently at a critical inflection point in its long-term structure. After a prolonged distribution phase since 2021 and a steady decline throughout 2023–2025, price action is now testing a historical support zone that has repeatedly triggered strong reversals. This area could be the foundation of a macro bottom formation—or the gateway to further downside if broken.🔍 Technical Breakdown & Key Price Zones:🟨 Major Demand Zone (Support Block):Range: $0.030 – $0.048This is a historically significant support area, previously acting as a launchpad for bullish impulses.There is a strong chance of forming a double bottom or even an Inverse Head & Shoulders pattern here on the weekly timeframe, which would hint at a trend reversal if confirmed.📏 Layered Resistance Levels (Profit-Taking Zones):1. $0.05600 – Minor resistance, first validation of bullish strength2. $0.07460 – Previous structural resistance from early 20243. $0.08995 – Key breakout level that may trigger mid-term momentum4. $0.13211 – $0.18230 – Medium-term targets on sustained breakout5. $0.25157 – $0.41854 – Long-term targets if macro bullish trend forms🟢 Bullish Scenario (Reversal Setup):✅ If price holds the $0.030–$0.048 demand zone:Expect gradual bullish momentum toward $0.05600, followed by confirmation above $0.08995.Weekly breakout candle with strong volume would confirm reversal structure.Mid-term price target could reach $0.132 – $0.182, or even higher during an altseason rotation.🔴 Bearish Scenario (Breakdown Setup):❌ If the support zone fails:Price could break below $0.030, exposing $0.0259 or even $0.020 as next downside targets.This would negate the potential reversal structure and resume the bearish continuation trend.Traders should wait for a new base or re-accumulation signal before re-entering long positions.📊 Pattern Focus:Double Bottom / Inverse Head & Shoulders (Potential Formation)Descending Channel breakout watchVolume Drying Up = Possible prelude to trend reversal if volume spikes follow💡 Trading Strategy:Aggressive Long Entry: Buy within the yellow support zone, stop-loss below $0.030Conservative Entry: Wait for breakout and successful retest above $0.056Bearish Setup: If breakdown occurs, short-term shorts or sidelining recommended📈 Momentum Outlook:Weekly structure suggests seller exhaustion is setting in.Swing reversal is likely if price holds above the support range for the coming weeks.Gradual accumulation strategy is suitable for swing traders.🧲 Key Takeaway:> COTI is entering a golden zone for potential mid-term reversal. If the support holds and a reversal pattern forms, a 200%+ upside is realistic. However, failure to hold this zone could lead to a breakdown and deeper correction. Patience and confirmation are key.#COTI #COTIUSDT #CryptoAnalysis #AltcoinSeason #DoubleBottom #SupportZone #TrendReversal #TechnicalAnalysis #WeeklyChart #BreakoutWatch