๐ช Analysis and Follow-up of Currency
$COS (Contentos) โ Buying Opportunityโก๏ธ
๐น Current Purchase Price: 0.0013
๐ฏ Targets:
๐ฏ First Target: 0.00145
๐ฏ Second Target: 0.00165
๐ฏ Third Target: 0.00185
๐ Stop Loss: 0.00118
๐ Let's talk a bit about the currency:
Contentos is a project focused on decentralized content creation and directly rewarding content creators without intermediaries. The current price of 0.0013 is close to strong support areas and indicates a calm accumulation phase before any upcoming movement.
๐ Key Technical Indicators:
โข The RSI indicator is moving in the neutral zone and indicates no oversold conditions.
โข The MACD indicator shows a potential positive reversal with weak selling momentum.
โข Trading volume is low and stable, which often precedes a strong movement.
โข The short-term trend is sideways with an upward tilt after stabilizing above support.
๐ก Advice:
Entry should be gradual and not overly aggressive in terms of trade size, and taking advantage of any slight drops to improve the average purchase price.
โ ๏ธ Alert:
Breaking the level of 0.00118 nullifies the positive scenario, and adhering to the stop loss is essential
#Cos