🚀 $COS /USDT: TESTING RESISTANCE – BREAKOUT OR RETRACEMENT? ⚡
The $COS/USDT pair is currently trading at 0.008318, sitting near key levels. Traders should watch closely for a potential breakout or pullback as price action unfolds.
📊 Trade Scenarios:
Entry Point: 0.008318
Take Profit (TP 1): 0.008600
Take Profit (TP 2): 0.008900
Take Profit (TP 3): 0.009200
Stop Loss (SL): 0.008000
Support is at 0.008000, while resistance is at 0.008600. A breakout above 0.008600 could signal bullish momentum, pushing toward 0.008900 and 0.009200. However, a drop below 0.008000 may lead to a retest of lower levels and bearish pressure.
📉 Market Outlook:
COS is maintaining support at 0.008000, with a chance to rally higher if it clears 0.008600 resistance. A successful breakout would confirm bullish momentum, while failure to hold support might result in a retracement.
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