Use the trading terminal at Binance Square to start my #MyCOSTrading journey.
Through in-depth analysis, it has been found that COS has shown a clear pattern of price fluctuations recently. In the past 7 days, the opening price of COS was $0.023, reaching a high of $0.028 (+21.7%), dipping to a low of $0.019 (-17.4%), and ultimately closing at $0.025, with an average daily trading volume of 123,000 coins, a 37% increase compared to last month. From the technical indicators, the RSI (14) is at 58, which is in a healthy range, and the MACD fast line has just crossed above the signal line forming a golden cross, indicating a clear short-term bullish signal.
From the fundamentals, the number of monthly active addresses for the COS ecosystem project has increased by 42%, and on-chain transaction fees have increased by 29% month-on-month, showing a continuous improvement in project activity. Combining technical and fundamental analysis, I believe COS has a high safety margin around $0.024 and plan to increase my position by 30% during a pullback, while setting a 20% take profit and a 15% stop loss, strictly executing risk management strategies.
#MyCOSTrading