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Based on the 4H structure of $COS the chart shows a strong reversal after liquidity was taken below the previous support. Price created a clear change of character and pushed strongly upward into the equilibrium zone. Momentum candles and volume expansion suggest buyers are currently controlling the move. The blue level near the recent breakout area now acts as support where price may retest before continuing higher.
Entry zone for $COS
Entry 0.00118 to 0.00121 after a small pullback and support confirmation
Take profit targets
TP1 0.00132
TP2 0.00138
TP3 0.00145
Stop loss
SL 0.00110 below the support and structure level
If price holds above the breakout support the bullish continuation toward the equilibrium and higher resistance area is likely. If price falls below the support level the bullish setup becomes invalid so risk control is important when trading #cos . 🚀📈