The market structure for $COST shows a dramatic V-shaped recovery, demonstrating significant bullish resilience after a sharp localized flush. Following a rapid stop-hunt down to the 24-hour low of 970.20, aggressive buying volume immediately re-entered the market, completely erasing the downside move within a short span. This sharp rejection of lower prices indicates heavy accumulation and a strong presence of institutional demand in the discount zone. Now that the price has reclaimed its previous consolidation floor near the 985 level, the overall bias points toward a continuation of this upward momentum as the remaining short-term sellers get squeezed out.

Target 1: 988.05

Target 2: 996.50

Target 3: 1008.00

#COST #Costco #CryptoTrading

COST
COSTUSDT
975.59
0.00%