$COS is currently trading at $0.009445, down 2.62%, after dipping to a low of $0.009243. Despite a brief attempt to push higher, the price encountered resistance at $0.009792, capping further upside. The pair is now nearing a crucial support level at $0.009215, which could dictate the next move for #COS . ๐
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๐ Key Levels to Watch:
Support: $0.009215 โ If buyers defend this zone and volume increases, we could see a reversal towards $0.00962, potentially even retesting the previous high at $0.00979.
Resistance: $0.009792 โ A breakout above this level could unlock strong bullish momentum. ๐ฅ
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๐ฏ Critical Scenarios:
Bullish Scenario: A defense of the $0.009215 support, along with rising volume or RSI divergence, could spark a reversal, with potential gains targeting $0.00962 and the high at $0.00979.
Bearish Scenario: Failure to hold $0.009215 could push the price lower, targeting the next key support at $0.00910.
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๐ Traderโs Strategy:
Traders should closely monitor for bullish signals, like rising volume or a RSI divergence, to confirm a momentum shift. A breakout above resistance could offer short-term profit opportunities, so stay sharp!
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Stay alert, as COS/USDT is at a critical juncture! This could be the perfect
moment to seize opportunities. ๐