🚨 COS/USDT Plunges -22.47%: Is This a Dip or the Start of More Pain?$COS
The COS/USDT pair has taken a sharp hit, trading at $0.011682, down -22.47% in 24 hours. After hitting a high of $0.015739, the price has faced heavy sell-offs, driving it close to its 24h low of $0.011503.
🔍 Key Metrics:
📉 24h High: $0.015739
📉 24h Low: $0.011503
📊 7-Day Loss: -20.63%
🔥 30-Day Gain: +71.09%
💡 What’s Happening?
Sharp Correction: Sellers dominate, pushing the price down rapidly.
Volume Impact: Over 1.75B COS traded—high volatility creates opportunity for both dip buyers and short-term traders.
Support Zone: Critical support is forming near $0.0115 – a bounce could attract buyers for recovery.
🎯 Key Levels to Watch:
1️⃣ Immediate Support: $0.0115 – Holding this zone is crucial for reversal.
2️⃣ Next Resistance: $0.0128 – A move above this level could spark recovery.
3️⃣ Watch the Volume: Strong buyer activity could signal accumulation at current lows.
⚠️ Trade Smart:
Volatility equals opportunity—but also risk. Manage trades carefully, set stop-losses, and watch for signals of a potential rebound.
Is this a buying opportunity or will COS slide further? Share your strategies below!
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