📉 $COS /USDT (4H) — Still in the Shadows, But Clinging to Life
Price: $0.003048
Timeframe: 4H
Change: -0.07%
🔍 Technical Breakdown:
MA 7 (short-term momentum): $0.003002 ✅
MA 25 (resistance): $0.003042 ❌
MA 99 (macro trend): $0.003095 ❌
COS is still swimming below all major moving averages, but just tapped the 25MA — trying to test it from underneath. A micro relief bounce is visible, but conviction is lacking.
⚠️ Key Observations:
Death Cross confirmed (MA 25 < MA 99), momentum is firmly bearish.
Failed breakout attempts around $0.0032–$0.0033 have consistently reversed.
Volume still dry, meaning buyers are hesitant — or exhausted.
🔧 Critical Zones:
LevelImportance$0.00285Local support$0.00310Short-term resistance (MA zone)$0.00330Trend validation resistance
🧠 Sentiment & Strategy:
Short-Term Traders: Might try a small scalp if $0.00310 flips with volume.
Swing Traders: No confirmation of a bottom yet.
Long-Term: Needs a bullish MA crossover and a break above $0.0033 to be taken seriously again.
Until then, COS is in "show me" mode — not "buy me" mode.
⚠️ DYOR – Do Your Own Research. This is not financial advice. Crypto markets are wild — enter only with a strategy and an exit plan.