$COS hello friends
After closely monitoring recent trends, it appears that the anticipated upward movement of the coin hasn't materialized yet. However, my analysis suggests a potential shift in the short term.
Currently, the coin is likely to test the $0.0118 level soon. Key resistance points stand at $0.0115 and $0.0131. Surpassing these levels could propel the price towards $0.0167. Conversely, if market conditions change, downward trends might lead to support levels at $0.00993 and $0.00949.
Analyzing the Exponential Moving Averages (EMA) reveals short-term resistance at $0.012 and support at approximately $0.00951. Moreover, the Bollinger Bands indicate that the price is trading below the Simple Moving Average (SMA), suggesting potential upward movement if market conditions improve.