๐ด $COS SHORT SETUP โ Shorts Starting To Load ๐
๐ Entry Zone: 0.001630 โ 0.001640
๐ก๏ธ SL: 0.001750
๐ฏ TP1: 0.001500
๐ฏ TP2: 0.001380
๐ฏ TP3: 0.001200
COS pushed sharply into the 0.001740 region on a single aggressive candle, but failed to show any meaningful continuation afterward.
The reaction now looks more like absorption than genuine breakout strength, with buyers struggling to maintain momentum near the highs.
Price action is beginning to weaken beneath resistance, increasing the probability of downside rotation if support gives way.
๐ Failed continuation + resistance absorption = bearish rotation setup
If the 0.001580 region breaks cleanly, downside continuation toward the 0.001200 area could accelerate quickly.
Traders should remain cautious around breakdown zones, as weak rebound structures often lead to sharp momentum-driven selloffs.
Trade $COS Here ๐๐
#crypto #shorttrade #trading #priceaction #futures
โ ๏ธ Not financial advice. Trade at your own risk.