MyCryptoParadise_Simon

COS/USDT is in Great Position to Rally? 👀🚀COS Analysis

Long
BINANCE:COSUSDT   Contentos / TetherUS
💎Paradisers, let's delve into #COSUSDT, showcasing dynamic market movements within an ascending channel pattern.

💎Currently, #Contentos is making strides towards the ascending resistance, emanating from the demand zone. This offers a chance for the price to rebound from this area and pursue an upward trajectory, setting its sights on the bearish Order Block (OB) as the next checkpoint.

💎However, If COS does not achieve the rebound and instead falls beneath the demand zone, we might witness a pullback to the Bullish OB vicinity around the $0.006020 mark, where it could gather renewed energy for an ascent.

💎The Bullish OB zone has historically been a critical point for catalyzing significant market recoveries upon engagement. Yet, a compromise of this zone, indicating a shift to bearish trends, may necessitate a pursuit of bullish momentum from a lower position.

💎In the event #COS doesn't harness the momentum from this or a further reduced level, a continued decline is anticipated. Rest assured, Paradisers, your ParadiseTeam is closely observing these shifts, prepared to offer guidance and insights through these evolving market dynamics.
Trade closed: target reached:
Bingo! #COS is dancing to our tune, up 77.07% just like we predicted.
Comment:

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