$COS has declined by 2.146% in the past 24 hours.
Currently, it's trading between the Bollinger Bands, approaching the lower band at 0.0038368.
This suggests a potential bounce off support at 0.003725, indicating possible trend continuation.
Volatility appears to be contracting, signaling a potential breakout in either direction.
For risk management, consider placing a stop-loss slightly below 0.003725.
Recommended action: set alerts for price movement near support and resistance levels, and wait for confirmation before entering a position.