🚨 $COS 
/USDT Alert: Critical Levels for a Game-Changing Move! 🚨
COS/USDT is trading at 0.007181, showing a 3.21% decline, setting up an intriguing scenario for traders. The current setup presents a potential opportunity for both bulls and bears as key levels come into play.
💡 Key Support Levels
Immediate Support: 0.006849 – A vital level to watch; losing this could lead to further downside.
Strong Support: 0.006500 – If breached, the bearish momentum could accelerate significantly.
💡 Key Resistance Levels
First Resistance: 0.007201 (EMA-25) – A breakout above this level could spark renewed bullish momentum.
Major Resistance: 0.007500 – A crucial level to reclaim for any substantial upward move.
🎯 Trade Strategy
Long Entry: Enter above 0.007201, targeting 0.007500, 0.007800, and 0.008000, with a stop loss at 0.006849.
Short Entry: Enter below 0.006849, targeting 0.006500, 0.006200, and 0.006000, setting a stop loss at 0.007201.
⚠️ Caution
Volume is a key indicator, with 575.35M COS traded in 24 hours. Momentum is building for a decisive move, so managing risk with tight stop losses is essential. Stay alert for breakout confirmations or rejection signals at these critical levels.
#Crypto #TradingSignals #COSUSDT #Binance #COS/USDT
