$COS Signal】Pullback to add longs + 1H level pullback confirmation, betting on a second surge



$COS After experiencing a 45% violent rally, the 1H level is currently undergoing healthy pullback consolidation. The price has found initial support near the 1H EMA20, and the 4H level remains in a strong upward channel. The current negative funding rate is as high as -0.11%, but open interest remains stable, and the price has not fallen sharply, indicating that bears are paying high costs and there is potential for a short squeeze. The order book shows unusually thick buy-side depth, a typical feature of main force support.

🎯Direction: Long

⚡Entry/Order: 0.001176 - 0.001202

🛑Stop Loss: 0.001150

🚀Target 1: 0.001320

🚀Target 2: 0.001450

🛡️Trade Management:

- Execution Strategy: After reaching Target 1, reduce position by 50% and immediately move the remaining stop loss up to the entry price of 0.001202 to lock in profits. If the price strongly breaks through Target 1 and stabilizes, move the remaining stop loss up to 0.001280 to aim for Target 2.

(Depth Logic: The 4H candlestick shows volume breakout followed by consolidation, indicating a healthy structure. The 1H RSI has fallen from overbought into the neutral zone at 54, gathering strength for another upward move. The key point is that in a negative funding rate environment, open interest has not decreased, and the price remains firm, which is a strong signal of a short squeeze. The buy orders below far exceed the sell orders, providing strong immediate support. It is recommended to stagger entries within the optimized entry zone to bet on a second rise under main force support. )

Check real-time market 👇 $COS

---

Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
#我在Gate广场过新年 #2月非农意外负增长
COS-8,36%
BTC2,5%
ETH3,44%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin