COS/USDT chart (4h timeframe) from Binance:
Price Overview
Current Price: 0.003046 USDT
24h High: 0.003136
24h Low: 0.002931
Change: +3.54%
Trend Indicators
MA(7) and MA(25): The price is currently above the MA(7) and very close to the MA(25), indicating short-term bullishness but still under pressure from mid-term resistance.
MA(99): Located around 0.003145, showing longer-term bearishness; this is a key resistance zone.
Volume
Strong Volume Spike: Seen on April 5 with a large green candle; this marks strong buying interest. However, volume has dropped significantly since then, which may signal weakening momentum unless renewed interest appears.
Price Action
The chart shows a recovery after bottoming out at 0.002566. A higher low has formed, suggesting a possible trend reversal or consolidation.
The rejection near 0.0031 aligns with the MA(99) — strong resistance zone.
Volatility & Strength
RSI: Not shown, but visually, price is in mid-range — no clear overbought/oversold signals.
MACD and other indicators: Not visible, but considering the volume and moving averages, current price action suggests caution at resistance.
Summary
Bullish: Short-term momentum is positive. Price made a higher low and is trying to break MA(25).
Bearish Risk: Heavy resistance at MA(99) and weak follow-up volume.
Key Levels:
Support: 0.00285 / 0.00256
Resistance: 0.0031 / 0.0032
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