$COS /USD Market Update: Holding Ground at $0.008263

Current Price: $0.008263

24H Change: +0.92%

COS/USD is maintaining stability near $0.0083, suggesting a possible accumulation phase. Traders are closely watching for a breakout or breakdown to confirm the next move.

Key Levels to Watch

Resistance:

$0.008500 – Immediate resistance; a breakout could spark a rally toward higher levels.

$0.009000 – Major resistance; strong bullish momentum is needed to test this zone.

Support:

$0.008000 – Key support level; holding this zone is critical for maintaining bullish sentiment.

$0.007800 – Secondary support; failure to hold could signal further downside.

Trade Setup

Bullish Scenario: A breakout above $0.008500 could lead to targets at $0.009000 and $0.009500.

Bearish Scenario: If the price falls below $0.008000, expect a potential slide toward $0.007800 or lower.

The market remains cautious, and traders should look for increased volume before confirming breakout entries.

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