$COS showing signs of overextension after a sharp vertical move. Rapid upside like this often attracts late buyers, which can lead to a short-term pullback.
🔴 SHORT $COS
Entry: 0.00224 – 0.00235
Stop Loss: 0.00255
Targets:
TP1: 0.00200
TP2: 0.00183
TP3: 0.00160
Setup Insight:
Price has expanded aggressively in a short time, pushing momentum indicators into overbought territory. Market sentiment is leaning toward excessive optimism, which typically increases the probability of a corrective move. A retracement toward the EMA25 zone would be a natural reset before any potential continuation.
Trade $COS here 👇
COS
0.001814
-27.26%