$COS /USDT: Holding Near Support – Watch for Reversal Opportunity
$COS/USDT is trading at $0.009445, down -2.62%, after reaching a low of $0.009243. Despite a brief attempt to rise, the price faced resistance at $0.009792, where sellers capped the gains. Currently, the price is near a crucial support level of $0.009215. If buyers can maintain this level and volume picks up, a reversal could target resistance at $0.00962, with the potential to retest the previous high of $0.00979.
If the support fails, a further decline to $0.00910 could occur, making it an important area to monitor. Traders should look for bullish signals like increased volume or RSI divergence to confirm a shift in momentum toward the bulls. A breakout above resistance could offer solid short-term gains.