🪙 Analysis and Follow-up of Currency $COS (Contentos) – Buying Opportunity⚡️
🔹 Current Purchase Price: 0.0013
🎯 Targets:
🎯 First Target: 0.00145
🎯 Second Target: 0.00165
🎯 Third Target: 0.00185
🛑 Stop Loss: 0.00118
📌 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.
📊 Key Technical Indicators:
• The RSI indicator is moving in the neutral zone and indicates no oversold conditions.
• The MACD indicator shows a potential positive reversal with weak selling momentum.
• Trading volume is low and stable, which often precedes a strong movement.
• The short-term trend is sideways with an upward tilt after stabilizing above support.
💡 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.
⚠️ Alert:
Breaking the level of 0.00118 nullifies the positive scenario, and adhering to the stop loss is essential
