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Wait, did anyone actually catch that move?
$COS just went on an absolute tear out of nowhere. Looking at the daily, we were basically flatlining near the 0.0008 level for a minute there, but that massive green candle just sliced through the old 0.0011 resistance like it wasn't even there.
Volume is looking pretty crazy too—8.5 billion units in 24 hours tells me this isn't just a fake-out. We hit a high of 0.001495 and pulled back a tiny bit to find some footing at 0.001380.
If we can flip this current zone into support, the next leg up could be even faster. But honestly, after a 65% pump in a single day, I’m watching for a healthy retest before doing anything aggressive. Don't want to be the one holding the bag if it decides to cool off back toward 0.0012.
Safe trades only today.
#USIranTensionsImpactMarkets