Binance Announces New Altcoin Futures Listing: COS Price Spikes!
Binance Launches New Futures Listing: Binance has introduced COSUSDT perpetual contracts with up to 75x leverage, aimed at enhancing trading options for users. The listing went live on September 30, 2024.
Price Surge Following Announcement: The announcement led to a significant increase in the price of COS, indicating heightened interest in Binance Futures and its leveraged trading opportunities.
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Technical Analysis for COS
Technical Sentiment Analysis for Contentos (COS) As of , Contentos (COS) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 0 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for COS stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, COS is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Contentos (COS) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.000563 | 0.000719 | 0.000907 | 0.00106 | 0.00125 | 0.00141 | 0.0016 |
| Fibonacci | 0.000719 | 0.000851 | 0.000932 | 0.00106 | 0.00119 | 0.00128 | 0.00141 |
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