$COS /USDT SHORT TRADE SIGNAL🚀

Entry Range: 0.00160 - 0.00162

Stop Loss: 0.00168

Targets:

TP1: 0.00157

TP2: 0.00155

TP3: 0.00154

After a sharp spike, price shows rejection from the highs and is now losing momentum with lower highs forming. The breakdown below short-term support and moving averages suggests a potential continuation to the downside. Waiting for rejection near resistance gives a better risk-reward setup.

Outlook: Bearish bias as long as price stays below 0.00162. Reclaim above 0.00168 invalidates the setup.