It's a great buy opportunity in COSUSDT @contentosioTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.01). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. Contentos COSUSDT is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 45.
Take Profits:
TP1= @ 0.0150
TP2= @ 0.0170
TP3= @ 0.0195
TP4= @ 0.0225
TP5= @ 0.0263
TP6= @ 0.0325
TP7= @ 0.0400
SL= Break below S2
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