The technical outlook for the COAI token has many points of interest. In terms of support levels, around $0.35 corresponds to the 0.382 retracement level, which is an initial support. The real strong support is at $0.32, which is the 0.5 retracement level; if the market drops to this level, a rebound is likely.
The resistance levels above are even more noteworthy. The $0.42 to $0.45 range is critical, representing the 0.618 resistance zone and serving as a litmus test for a breakout. Further up, the previous highs at $0.5 to $0.55 act as strong resistance, making it more challenging to break through.
If the price can stabilize and break above the $0.45 level, the potential for further gains opens up. Using Fibonacci extension at 1.618, the first target range can be around $0.62 to $0.65. Of course, whether these levels can be reached depends on the actual market performance.
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CafeMinor
· 23h ago
Is 0.45 really that critical? It feels like every time it's said, and then it just drops.
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BearMarketMonk
· 12-26 16:51
The Fibonacci nesting doll is back again. Is 0.45 really that magical? It feels like every time this level is called a touchstone, but what happens...
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TerraNeverForget
· 12-26 16:48
The Fibonacci sequence is back again. Every time they say it needs to break through 0.45, but in the end? It still depends on what the main players are thinking.
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NestedFox
· 12-26 16:47
0.45 is indeed a critical level, but to be honest, it only counts if it's broken through.
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failed_dev_successful_ape
· 12-26 16:45
0.45 Is this barrier really that easy to break? It feels like the market sentiment is a bit off.
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AirdropHunterXiao
· 12-26 16:37
Wow, if 0.45 really breaks through, it will directly surge to 0.62? That's some imagination. I just don't know when the crypto world will turn this imagination into reality.
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StakeOrRegret
· 12-26 16:34
If the 0.45 barrier is truly broken, I'll follow through. But speaking of which, whether Fibonacci tools are reliable or not still depends on luck.
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SellLowExpert
· 12-26 16:27
It's Fibonacci again, and 0.618 again. I've been listening to this theory for three years, and the result? More face-slapping moments.
The technical outlook for the COAI token has many points of interest. In terms of support levels, around $0.35 corresponds to the 0.382 retracement level, which is an initial support. The real strong support is at $0.32, which is the 0.5 retracement level; if the market drops to this level, a rebound is likely.
The resistance levels above are even more noteworthy. The $0.42 to $0.45 range is critical, representing the 0.618 resistance zone and serving as a litmus test for a breakout. Further up, the previous highs at $0.5 to $0.55 act as strong resistance, making it more challenging to break through.
If the price can stabilize and break above the $0.45 level, the potential for further gains opens up. Using Fibonacci extension at 1.618, the first target range can be around $0.62 to $0.65. Of course, whether these levels can be reached depends on the actual market performance.