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$COAI COAI faced a sharp sell-off earlier, followed by a fast bounce. That kind of move usually shows panic selling first, then dip buyers stepping in. After the bounce, price is cooling down and moving slowly, which means the market is deciding its next direction.
On the 1H timeframe, momentum is still weak, but heavy selling pressure has reduced. This zone often acts as a short-term stabilization area.
Multi-timeframe view
Short term (1H): Sideways to weak, trying to build a base
Mid term (4H): Recovery possible if support holds
Momentum view: Oversold signals earlier, now slowly normalizing
What to watch
Holding above support may open a move back toward resistance
Losing support could bring another quick dip before demand appears again
This is a personal market view, not financial advice. Market conditions can change anytime.