COS is currently bullish, supported by increased volume and a breakout above key moving averages. However, traders should monitor RSI levels for potential overbought signals. A breakout above $0.0134 could lead to further gains, while a failure to maintain this momentum might result in retracement toward the support zone of $0.0086.
Resistance and Support Levels:
Immediate Resistance: $0.0134 (24-hour high). Breaking this level could push the price toward the next major resistance at $0.023207.
Support Levels: Strong support exists at $0.008659 (24-hour low) and $0.003840 (recent bottom).
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