🚨🚀$COW /USDT ON THE 1-DAY CHART 🚀🚨

COW/USDT has shown a recovery from its recent lows, trading at 0.4966 with a 4.07% increase. The chart shows a bounce after a strong pullback from the high of 0.7729.

Key Technicals:

Current Price: 0.4966

Entry Price: Consider entering around 0.4900 for a potential breakout continuation.

Major Resistance Levels:

0.5500 (recent 24-hour high)

0.6070 (key mid-resistance)

0.7729 (recent peak)

Strong Support Levels:

0.4500 (recent low)

0.4149 (significant support zone)

0.2490 (historical low)

Take-Profit Targets:

1. Target 1: 0.5500

2. Target 2: 0.6070

3. Target 3: 0.7729

Stop Loss: Set at 0.4400 to manage potential pullbacks.

Cautionary Note: Watch for potential consolidation near current levels and observe volume for signs of upward continuation or weakness. Breaking past 0.5500 could indicate a bullish push, while failure to maintain above 0.4500 may signal a deeper correction.