$COS /USDT — Volatile Price Action Near Critical Zone

Price: $0.001413 | Intraday range: $0.00127 – $0.00175 | Sharp spike followed by pullback

Analysis:

$COS surged above the $0.00127–$0.00130 resistance zone on strong buyer demand, signaling bullish momentum. However, heavy selling near $0.00175 caused a quick retracement, indicating significant supply at that level. Volume remains elevated, reflecting high volatility and active trading interest.

Key Levels:

Support: $0.00135–$0.00140

Resistance: $0.00175

Trend: Mixed, currently at a crucial decision point.

Trade Idea:

If $COS holds above $0.00135–$0.00140, expect a rebound with possible consolidation, favoring buyers. If it breaks below this support zone, the recent pump may unwind, increasing downside risk. Approach with caution due to heightened volatility.

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