COTI Opens U.S. Treasury Access Amid 9.54% Price Drop and Potential Breakout Signals

COTI has opened its Treasury to U.S. users, marking a strategic milestone in its global expansion. The platform now allows U.S. investors to deposit COTI tokens directly from their wallets and earn rewards as the ecosystem grows. The COTI Foundation emphasized that this move enhances transparency and user participation, aligning with the increasing regulatory clarity in the U.S. crypto market [1].

The launch of U.S. Treasury access coincides with broader institutional confidence in digital assets. Recent developments, such as federal regulations for stablecoins and the inclusion of crypto in 401(k) retirement plans, have fostered a more favorable environment for digital asset adoption. COTI’s move positions it to tap into one of the largest crypto communities globally, offering a decentralized and secure infrastructure for participation [1].

Despite positive developments, COTI’s price has faced short-term pressure. As of the latest data, the token is trading at $0.05423 after a 9.54% drop in the past 24 hours, according to CoinGecko. However, the past week saw a 0.27% recovery, suggesting a potential stabilization in the near term. Analysts remain divided on the short-term outlook, with some noting key support levels to watch and others pointing to weakening resistance [1].

Jonathan Carter, a crypto analyst on X, highlighted that the descending channel resistance is showing signs of weakening with each test on the daily chart. He identified potential breakout targets at $0.076, $0.092, $0.117, and $0.140, should the price manage to break above current resistance levels. This could signal a bullish reversal if confirmed by further market action [1].

Conversely, X user Anaskhan01 warned that the token is currently holding critical support at the bottom of the descending channel, with a potential drop to $0.05 or even $0.04 if support breaks. Traders are urged to monitor these levels closely before entering new positions [1].

The broader market context remains cautiously optimistic. Institutional trust, regulatory progress, and COTI’s Treasury access are converging to create a favorable backdrop for the asset. Investors can now actively participate in the growth of the COTI ecosystem while watching for key technical signals that may indicate a breakout or continued consolidation [1].

COTI’s focus on financial inclusion and real-world use cases—such as cross-border transactions and identity verification—sets it apart from purely speculative assets. This utility-driven approach, combined with its expanding accessibility, may support long-term growth potential as adoption and trust continue to build [1].

Source: [1] COTI Unlocks Treasury for U.S. Market as Price Eyes Breakout (https://blockonomi.com/coti-unlocks-treasury-for-u-s-market-as-price-eyes-breakout/)