Cosmos Nears Breakout Potential: Symmetrical Triangle Signals Strong Move

The Cosmos cryptocurrency is nearing a decisive point in its price structure. A symmetrical triangle pattern, visible on the 4-hour chart, indicates a strong breakout soon. This pattern has been developing since mid-July, as buying and selling pressure remain balanced. Resistance between $4.80-$5.20 and support near $4.20 will define critical levels for the upcoming directional movement. An upside breakout targets resistance at $5.80, while a downside break could hit $3.80 based on Fibonacci retracement levels.