$COS Bullish Momentum Fading or Gearing Up? Watch This Level!
COS is trading at $0.003389, slightly down -4.51% on the day. After a recent bounce, price action is struggling to hold above resistance, showing signs of stalling.
Key Zones to Watch
• Resistance Levels:
• $0.00342 – Immediate resistance zone
• $0.00345 – Local high for breakout continuation
• $0.00350 – Strong psychological barrier
• Support Levels:
• $0.00338 – Minor intraday support
• $0.00336 – Structural base
• $0.00331 – Trend invalidation zone
Trade Setup
• Buy Entry: Break and hold above $0.00342
• TP1: $0.00345
• TP2: $0.00348
• TP3: $0.00352
• SL: Below $0.00335
• Sell Entry: Breakdown below $0.00336 with rejection wick
• TP1: $0.00331
• TP2: $0.00328
• TP3: $0.00324
• SL: Above $0.00342
COS is in a tight range between bullish recovery and overhead rejection. A strong push above $0.00342 could open the door for more upside, while failure to hold $0.00336 may trigger a sharp drop.
Stay cautious — breakout confirmation or rejection candle will define the next leg.