Analyzing the $COS /USDT 15-minute chart, I’m seeing a classic "Pump and Dump" rejection candle that hit a high of 0.001425 before being immediately suppressed by heavy selling pressure. Currently, price is struggling to hold the MA(99) at 0.001256, and the technical structure has shifted significantly after that massive upper wick. While we saw a brief volume surge, the follow-through is lacking, and the price is now trading below both the MA(7) and MA(25), indicating a short-term trend reversal. I’m leaning Bearish here as the market looks to fill that liquidity gap back toward the 24-hour low of 0.001227.
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