🚀 $COS
/USDT Technical Analysis - Price Action Insight 🚀
The COS/USDT pair has shown impressive momentum recently, with a +27.38% surge, reaching the price of 0.009187 USDT. As we dive deeper into the charts, let’s look at the potential target levels to watch closely. 🎯
1️⃣ Target 1 - 0.009400:
The first resistance level sits at 0.009400. A break above this could signal further bullish strength, paving the way for new highs. Watch for a confirmed breakout above this mark to confirm a continuation.
2️⃣ Target 2 - 0.009199 (24h High):
The 24h high of 0.009199 is a key level that traders have been eyeing. It could act as a minor resistance before we see any pullbacks. A retest of this level could present an opportunity for a short-term entry for those looking for a reversal trade.
3️⃣ Target 3 - 0.007124 (24h Low):
On the downside, 0.007124 is a critical support level. Should the price retrace, this zone could act as a solid buying opportunity for those looking for a long position. However, any breach below this level may lead to further downside risks.
🔍 Current Status:
The market is showing strong bullish movement, but it's important to keep an eye on these target zones for potential entry and exit points. As always, manage your risk and trade smart! 💡
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