Date: Thu, Nov 06, 2025 | 09:00 AM GMT
The cryptocurrency market is showing minor signs of relief after a sharp sell-off earlier this week that briefly pushed Bitcoin (BTC) to the $98K region before rebounding to $103K. This recovery is offering room for select altcoins to regain some green momentum — including COTI, the native token powering Coti’s privacy Layer 2 on Ethereum.
COTI is trading slightly higher today, though still down 41% over the past month. But despite this extended decline, its current technical structure suggests that the token could be approaching a potential bullish reversal phase.
Falling Wedge Pattern in Play
On the weekly chart, COTI is forming a falling wedge — a well-known bullish reversal pattern that typically forms during prolonged downtrends when selling pressure begins to weaken.
The latest correction pushed COTI down to the wedge’s lower boundary near $0.0251, a level that once again acted as strong support. From there, the token has rebounded to around $0.0277, indicating that buyers are stepping in to defend this zone.
This repeated defense of the wedge’s support trendline is a positive signal and could serve as the structural foundation for an upcoming reversal.
What’s Next for COTI?
If COTI continues to hold above the wedge’s lower trendline, the next key step would be a move toward the upper resistance line of the wedge. A successful breakout above this level would confirm a bullish reversal and could trigger a stronger upside recovery.
The primary technical target in such a scenario would be the 200-day Moving Average (MA) near $0.0927, which stands as a major resistance and trend confirmation level.
However, traders should monitor the wedge support closely. A breakdown below the lower trendline could invalidate the bullish setup and expose COTI to deeper downside before any meaningful rebound takes shape.
For now, the chart leans cautiously optimistic — the falling wedge remains intact, and buyers are showing signs of defending key support.
Disclaimer: The views and analysis presented in this article are for informational purposes only and reflect the author’s perspective, not financial advice. Technical patterns and indicators discussed are subject to market volatility and may not yield the anticipated results. Investors are advised to exercise caution, conduct independent research, and make decisions aligned with their individual risk tolerance.
The opinions and market insights shared on CoinsProbe represent the views of individual authors based on prevailing market conditions at the time of publication. Cryptocurrency investments carry significant risk and volatility. Readers are encouraged to conduct their own research and seek professional financial advice before making investment decisions. CoinsProbe and its contributors do not accept responsibility for financial losses or decisions made based on published content.
CoinsProbe may publish sponsored articles, affiliate links, or promotional collaborations. All sponsored material is clearly labeled to maintain transparency with our audience. Our editorial decisions remain fully independent, and advertising partnerships do not influence reviews, rankings, or published opinions.
Since 2023, CoinsProbe has delivered reliable insights on cryptocurrency, blockchain, and digital assets. Our content is created by experienced researchers and analysts who follow strict editorial standards focused on accuracy, transparency, and credibility. Every article is carefully reviewed and verified using trusted sources and current market data. We provide unbiased analysis and timely updates covering everything from emerging crypto projects to major industry developments.
