🚨A Critical Reversal Point for COS? 📊
Contentos (COS) has shown significant volatility over the past 24 hours. After dropping below $0.00285, it quickly rebounded, potentially forming a short-term bottom.
From a technical standpoint, the sharp decline followed by a recovery — especially with higher intraday lows — may indicate a V-shaped reversal. However, the 24-hour trend remains bearish with a -1.1% move.
Key level to watch? $0.00300 — a confirmed breakout above this could lead to a mini rally. That said, with the 30D and 60D still deep in the red, this is likely more of a consolidation phase than a full trend reversal.
Also worth noting: they’ve now entered their 6th year and integrated with Solana, bringing some major updates.
If you're tracking this coin, this could be a low-risk accumulation zone — but as always, DYOR
