As impressive as the Rovers rearguard were, Coyle admits his side must improve on their failings in front of goal if they are to win their own fight for Premier League survival.
Matt Taylor and Lee Chung-Yong threatened the hosts' goal at Ewood Park but, as on a number of occasions recently, Bolton were unable to find the cutting edge required.
"We have to finish those chances, it's as simple as that," said Coyle.
"Particularly when you're level or 1-0 down, when good goalscoring chances come you have to have the courage of your convictions and make sure you hit the back of the net.
"We've not done that for a number of games - albeit we've had clean sheets and picked up points along the way.
"We are getting chances and we have to make sure we hit the back of the net."
Bolton 5/6, Draw 12/5, Wolves 7/2