COAI bottom?

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COAI bottom?COAIUSDTPERP PERPETUAL MIX CONTRACTBITGET:COAIUSDT.PSilvio_TraderskyZahvatThe asset had been moving within a descending channel, forming a clear series of lower highs and lower lows. Recently, the price broke above the upper boundary of the channel, signaling a potential trend reversal to the upside. Bullish divergences appeared on the RSI and several other indicators, suggesting that bearish momentum has weakened. The price is currently consolidating below a local trendline — a breakout above it could provide a valid entry point for a continuation move. Trading Idea: A long setup can be considered once the local trendline is broken with volume confirmation. The upside potential remains strong, supported by the recent breakout from the broader descending structure.