$COS
/USDT – CONSOLIDATION AFTER SPIKE: IS ANOTHER MOVE COMING?
• Price surged from 0.003308 to 0.003729, then retraced. • Currently stabilizing around 0.003542 with rangebound movement.
COS saw a strong breakout followed by a quick rejection near 0.003729, suggesting profit-taking by early buyers. However, support held firm above 0.00332, and the price is now consolidating in a tight range. If momentum picks up again, a retest of 0.00372 and breakout toward 0.00385 is possible. Breakdown below 0.00342 would weaken the setup.
Long Entry: 0.00354
TP1: 0.00372
TP2: 0.00385
SL: 0.00342
Watch for a volume spike to confirm the next leg. Tight risk is key here.
#COS #BTCUnbound #CFTCCryptoSprint #BinanceHODLerPROVE #BTCReserveStrategy