$COS losing momentum after the earlier pump. Price is now drifting lower and struggling to reclaim the short-term averages.

Short $COS

Entry: 0.0013 – 0.00135
SL: 0.00140

TP1: 0.00126
TP2: 0.00123
TP3: 0.00118
TP4: 0.00112

Why:
After the push to the 0.00145 area, the chart started printing lower highs. Each bounce is getting weaker, and price keeps getting rejected near the short-term moving averages. That usually signals the buyers who chased the pump are slowly exiting.

RSI is also sitting in the weaker zone and momentum hasn’t recovered. The structure now looks like a slow distribution phase. If price stays below the 0.00131–0.00133 area, the move could continue down toward the 0.00118 zone where the last strong impulse started.

Trade $COS here 👇

{future}(COSUSDT)