$COS Long Position Observation +134.40% – Acceleration Phase of Main Uptrend
In one week, it has risen by 172%, with prices violently surging along the EMA(9). The EMA(9/15/200) forms a textbook bullish arrangement, diverging upwards, a typical trend acceleration market.
Key Positions
· Support: 0.0020 - 0.0021 (EMA9 and previous platform)
· Resistance: 0.00237 (previous high) / 0.0025
Trading Plan
· Entry: 0.00205 - 0.00215 area (pullback to moving average)
· Stop Loss: below 0.00185 (break below EMA15)
· Take Profit: 0.00235 / 0.00245
Volume continues to expand, and funds are highly focused. Do not guess the top with this kind of movement; a pullback to the moving average is an opportunity to ride the trend.
⚠️ Not financial advice. DYOR, volatility is extremely high in the trend acceleration phase, set a trailing stop to protect profits.
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