$COS Why are so many old coins suddenly resurrecting recently? Currently, both trading volume and open interest are hitting new recent highs. The key resistance level is at 0.002038, and the key support level is at 0.001900. Breaking either side could trigger a wave of accelerated movement.

When volume surges upward, trading volume has increased more than fivefold compared to the previous day, with price and volume rising together on the 4-hour chart.
Buy orders are densely clustered in the 0.001900-0.001930 range, forming short-term support, while there is clear selling pressure in the 0.002000-0.002038 range.
Key levels
First resistance: 0.002038: Today's high point. If it cannot break through, a double top may form.
Second resistance: 0.002100: Psychological barrier. After breaking, look toward 0.002200.
Third resistance: 0.002200: An area with no previous trading activity. Reaching it may trigger profit-taking selling pressure.
First support: 0.001900: Dense buy orders in the order book. Falling below could test 0.001800.
Second support: 0.001800: The breakout point on the 4-hour chart. Losing this level indicates a short-term trend weakening.
Third support: 0.001700: The upper boundary of the daily consolidation platform. Falling below it will lead to a retest of 0.001500.
If the price retraces to the 0.001900-0.001930 range and volume decreases with stabilization, it can be a long entry, targeting 0.002038 first, then 0.002100-0.002200.
Stop loss should be placed below 0.001850.
If the price rebounds to the 0.002038-0.002100 range with increasing volume and stagnation, it can be a short entry, targeting 0.001900 first, then 0.001800.
Stop loss should be placed above 0.002150.
Note, note: Small-cap coins are easily affected by large single orders, which may cause sudden spikes. Use small positions and low leverage to try.
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