$COS / USDT – Shorts Triggered at $0.00437! Is a Reversal Brewing?
$1.23K in short positions taken out at $0.00437
After persistent pressure, $COS just forced out a wave of short positions—indicating early signs of a momentum shift.
A potential bullish reversal could be on deck if the trend holds.
🔁 REVERSAL ZONE TO WATCH:
• Watch Zone: $0.00430 – $0.00445 (Hold and bounce here could kick off recovery)
• 🎯 TP1: $0.00465
• 🎯 TP2: $0.00490
• 🎯 TP3: $0.00520
• 🛑 Stop Loss: Below $0.00420
Market Insight:
Short position flushes often act as a springboard for trend reversals.
If $COS sustains above $0.00437, it could signal the start of a recovery leg.
Pro Tip:
Wait for a strong candle close above $0.00445 with a volume spike for confirmation.
Avoid chasing unless structure supports the move.
COS just squeezed out the shorts—watch for strength confirmation as bulls sniff opportunity.
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