$COS USDT BEARISH MOVE LIKELY – SELLERS CONTROLLING THE MARKET ⚠️
Market Move Explanation:
$COS USDT attempted a strong breakout up to $0.003121 but faced a sharp rejection. Currently trading at $0.002922, the chart shows continued lower highs and MACD bearish crossover with RSI near 41, indicating weak bullish momentum and a possible further decline in the short term.
Trade Setup (Short Entry):
Entry: $0.002920 – $0.002940
Stop Loss: $0.003000
Target 1: $0.002860
Target 2: $0.002800
Market Outlook:
COSUSDT remains under selling pressure with a lack of strong buyer support. Unless volume picks up with bullish momentum, sellers are expected to drag the price towards recent support levels.
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