Sharing thoughts on fake products layout $COS
Due to the current price encountering a resistance structure, the main view is to look for a pullback in an uptrend first, and this position has a good risk-reward ratio
The indicators also align, as it just reached the critical point of the MACD death cross on the hourly chart. The reason for saying the risk-reward ratio is suitable is that even if there is a second upward crossover, it can still effectively control the stop loss
The target is to see the 0.382 pullback support at 0.013