【$COS Signal】Pullback Long + 1H Level Strong Support Confirmed

$COS After an epic 130% rally, ( is consolidating strongly at the 1H level. Current price finds support above the 4H EMA20, with 1H chart showing thick buy-side depth. Despite RSI at elevated levels, stable open interest indicates whales haven't exited. This is a textbook healthy pullback after a hot coin surge—an excellent second entry opportunity.

🎯Direction: Long

⚡Entry/Orders: 0.001552 - 0.001592

🛑Stop Loss: 0.001300

🚀Target 1: 0.002760

🚀Target 2: 0.003344

🛡️Trade Management:
- Strategy: Upon reaching Target 1, reduce position by 50% and move stop loss to entry price. Hold remaining position for Target 2; if price breaks the trailing stop, exit completely.

) Deep Logic: The 4H level shows volume breakout through a month-long consolidation zone—a clear trend initiation signal. The 1H level receives strong support near EMA20 with dense buy-side orders on the book, indicating strong support below. Though RSI shows overbought conditions, RSI divergence is normal during such violent rallies. Stable open interest during consolidation reflects solid bullish conviction, not pure short squeeze rebound. Negative funding rates further fuel the short squeeze narrative. $COS

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