COAI saw a small rebound today—a single-day surge of 6.5%, finally putting the brakes on the past month’s halving-style drop (-54.8%).
This reversal didn’t come out of nowhere. The Lit Protocol integration brought a new narrative to the project, technical indicators like RSI and MACD have started to warm up, and overall market liquidity is recovering—a combination of factors gave it a push.
Traders are now watching two critical levels: support below at $0.529 (23.6% Fibonacci level)—holding here is key for further recovery; and resistance above at $0.75 (30-day moving average pressure)—a breakout here would confirm a trend reversal.
AI concept tokens are catching a ride with DeFi infrastructure, opening up short-term trading opportunities. But whether it can hold depends on whether trading volume follows through. In this kind of rebound market, position management is more important than predicting the direction.
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LiquidityNinja
· 12-07 04:37
6.5% rebound? Honestly, that's a bit underwhelming. It only counts if it can hold 0.529.
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ReverseFOMOguy
· 12-06 06:14
Are you trying to trick me into buying the dip again? I'm way too familiar with this tactic.
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GateUser-d5196cb7
· 12-04 16:17
still far from the increase figure
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ImpermanentPhilosopher
· 12-04 06:58
What kind of rebound is that? It dropped 54% and only pulled up 6.5%. It's still way too early.
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ChainPoet
· 12-04 06:57
A rebound is still a rebound, but a -54.8% loss is still a loss. A 6.5% gain can't make up for it at all.
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BrokenRugs
· 12-04 06:57
Sigh, here comes another rebound trap? I'll bet five bucks it'll drop again next week.
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NoStopLossNut
· 12-04 06:41
What's a 6.5% rebound? The price was slashed in half last month and I didn't even bail. Now you want to hit the brakes?
COAI saw a small rebound today—a single-day surge of 6.5%, finally putting the brakes on the past month’s halving-style drop (-54.8%).
This reversal didn’t come out of nowhere. The Lit Protocol integration brought a new narrative to the project, technical indicators like RSI and MACD have started to warm up, and overall market liquidity is recovering—a combination of factors gave it a push.
Traders are now watching two critical levels: support below at $0.529 (23.6% Fibonacci level)—holding here is key for further recovery; and resistance above at $0.75 (30-day moving average pressure)—a breakout here would confirm a trend reversal.
AI concept tokens are catching a ride with DeFi infrastructure, opening up short-term trading opportunities. But whether it can hold depends on whether trading volume follows through. In this kind of rebound market, position management is more important than predicting the direction.