ChainOpera AI’s 70% surge looks strong – But here’s what can ruin COAI’s run

Key Takeaways

Why is ChainOpera AI gaining momentum?

Open Interest jumped 98% to $205 million and Derivatives Volume rose 21%, signaling strong speculative demand.

Can COAI sustain its rally?

With Long/Short Ratio at 1.05 and whales holding 88%, sentiment stays bullish unless leverage unwinds below $10.7.

After dropping to a low of $4.3, ChainOpera AI [COAI] made a strong comeback, hitting a local high of $16.7. 

At press time, it traded at $16.47, up 70.01% in 24 hours. Over the same period, its market cap jumped 69% to $3.16 billion, signaling heavy capital inflows.

Speculative demand surges

As prices recovered, traders rushed into COAI’s Futures market to capture volatility.

Open Interest jumped 98.52% to $205.51 million, while Derivatives Volume climbed 20.95% to $3.19 billion, indicating renewed speculative demand.

Source: CoinGlass

Futures Inflows also soared as $1.05 billion entered against $996.18 million in outflows, bringing Net Inflow to $52.19 million, a 632% spike.

Typically, such a rise shows buyers opening new positions and adding leverage.

Source: CoinGlass

Meanwhile, the Long/Short Ratio stood at 1.055, with 52.57% longs against 47.43% shorts, suggesting a bullish bias among derivatives traders.

Source: Coinalyze

Whale accumulation strengthens confidence

In addition to strong market demand, ChainOpera AI has experienced explosive growth in its user base. According to the official team, the total number of holders surged to 54,221.

Source: ChainOpera AI

Data showed that the top 10 wallets held 87.9% of the supply, with continuous accumulation over the past three days totaling 3.46 million tokens.

Source: Coinalyze

On-chain data showed the top 100 addresses controlled 94% of supply, with a massive inflow of 55.69 million tokens to exchanges — an 89,691% rise over two weeks.

Such whale-heavy accumulation has historically preceded major price breakouts.

Can COAI extend the rally?

According to AMBCrypto’s analysis, ChainOpera AI rallied amid strong capital flow in the Futures market, backed by a growing user base.

COAI’s Stochastic RSI printed a bullish crossover near 18, hinting at a rebound from oversold levels. On the daily chart, price moved above $16, eyeing resistance at $24.

Source: TradingView

A breakout beyond this could target $39, aligning with the Parabolic SAR resistance. However, if speculative euphoria fades, COAI risks a sharp pullback toward $10.7, which is its previous consolidation zone.