$COW
/USDT: DeFi Bull – Riding the Cow's Momentum PullBack 💯 📈 🔥
Current Data:
Price: $0.8889
24h High: $0.9134
24h Low: $0.5780
24h Volume (COW): 123.29M
24h Volume (USDT): 88.82M
Trade Strategy:
1. Bullish Continuation 🎯
Entry: Price breaks above $0.9000 (indicating strong bullish trend).
Stop-Loss: $0.8500 (below recent support).
Target 1: $0.9200 (Immediate resistance).
Target 2: $0.9400 (Next resistance level).
Target 3: $1.00 (Psychological resistance zone).
2. Bearish Pullback 🎯
Entry: Price falls below $0.8500 (confirming bearish correction).
Stop-Loss: $0.9150 (24h high).
Target 1: $0.8100 (Support zone).
Target 2: $0.7800 (Extended downside).
Target 3: $0.7500 (Lower support level).
3. Range Trading 🎯
Buy: Near $0.8000 (support zone).
Sell: Near $0.9100 (resistance zone).
Stop-Loss: Below $0.7800 (Buy), Above $0.9200 (Sell).
Target 1: $0.8800 (Range midpoint).
Target 2: $0.9000 (Range top).
Risk Management:
Position Size: Limit risk to 1-2% of your portfolio per trade.
Trailing Stop: Use trailing stops to secure profits as price rises.
COW is experiencing a strong rally, but it's crucial to stay mindful of potential pullbacks. Stay flexible and adjust based on market movements!
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