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Summary
• Price action suggests bearish exhaustion with a strong intraday low near $0.001210.
• Volume spiked during the decline, confirming bearish momentum.
• RSI and MACD suggest oversold conditions, hinting at potential short-term bounce.
• Bollinger Bands show tightening volatility, with price near the lower band.
• Key support at $0.001215 may be critical for near-term stability.
Contentos/Tether (COSUSDT) opened at $0.001254 (12:00 ET - 1), hit a high of $0.001255, a low of $0.001207, and closed at $0.001221 as of 12:00 ET. Total volume for the 24-hour period reached approximately 39.7 million, with a notional turnover of around $48,927.

Price may test the $0.001215 support level again in the next 24 hours. A break below this with expanding volume could trigger further downside. Conversely, a rebound above $0.001225 with increased buying pressure may offer a temporary relief rally. Investors should remain cautious, as the overall trend remains bearish and key resistance lies ahead at $0.001235.
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