We recently saw a good price action in COTI moving along with ADA. However if you look at the chart from last year around May time, we see a similar pattern and movement now.
COTI is now trying to break the triangle. This may turn into a fakeout as well. Waiting for the daily candle closing to get confirmation. The local support for now is $0.35-$0.355 area and major support is $0.28-$0.30 area. The first resistance is $0.395-$0.40 to break. If COTI is unable to break the symmetric triangle then we see a retest of lower support area. I think we can make good trades if COTI behaves as presumed.
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