$COS has experienced a notable surge of 16.307% in the last 24 hours, reflecting a robust upward trend. With a 24-hour high of 0.004486, it is currently testing near-term resistance, suggesting strong buying interest. The Bollinger Bands indicate increased volatility along with lower support at 0.003625, which traders should monitor closely. Despite Bitcoin's undefined influence, positive macroeconomic factors could be fueling this momentum. Given the volatility, a short-term trading strategy may be prudent. Key takeaway: COS is positioned for potential breakout, but caution is warranted around resistance levels.

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