COS ready for a comeback or fading out? đ
Looking at
$COS , it's hard not to notice the massive spike back in March! But after that high-flying action, we've seen a steady descent into calmer waters. Currently, COS is hovering around $0.007, just above some key moving averages, showing signs of consolidation.
This is a tricky oneâwhile we might be seeing some sideways movement, the overall trend hasn't flipped to bullish yet. The volume is pretty low right now, indicating that traders are waiting for something significant to happen. But with the price testing resistance at the 25-day moving average, we could be in for a breakout soon! đ
The key level to watch? Around $0.0075. If COS pushes past that with decent volume, we might be looking at a bullish run. But if it stays stuck here, we could be in for a slow decline back to lower support levels.
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