$COS
/ USDT ā BOUNCE IN PROGRESS AFTER MAJOR DIP šš
$COS just reclaimed the 0.003030 level after a sharp pullback from the highs near 0.003500. Buyers are stepping in as the price stabilizes above the recent bottom at 0.002868, hinting at a potential trend reversal on the 15m chart.
The current structure suggests a rounded bottom formation. If momentum continues, we could see a retest of the 0.00310ā0.00320 zone soon.
š¹ Bounce Trade Setup
Entry: 0.003030 (market)
Target 1 (TP1): 0.003100
Target 2 (TP2): 0.003200
Stop-Loss (SL): 0.002960
š 24h Change: +3.91%
Volume: 259M COS
A clean reclaim of 0.003040 with strong volume could flip this back into bullish territory short term!