Binance Technical Analysis: $COS
/USDT - Key Price Levels to Watch 🎯
As COS/USDT continues its upward momentum, traders should pay close attention to these key price targets in the short term. Here are three key levels to monitor for potential breakout or retracement:
1️⃣ Target 1: $0.012600
The first key resistance is $0.012600. A push past this level could signal a continuation of the current bullish trend. Look for increased volume and momentum to confirm the breakout.
2️⃣ Target 2: $0.012500
The $0.012500 mark remains a solid short-term support level. If the price retraces, this could act as a strong buy zone, with potential for a bounce higher if the trend remains intact.
3️⃣ Target 3: $0.011800
If the market experiences a correction, $0.011800 serves as an important support level. A drop below this price could suggest a shift in momentum, so keep an eye on market signals.
Current Trend: COS/USDT is currently trading at $0.012415, up 4.27% in the last 24 hours. Momentum is strong, and with increasing volume, we may see the price test these levels soon.
Stay tuned and adjust your strategy based on how price action unfolds at these targets!