#COW

BULLISH

The $COW chart is flashing warning signs, with sellers clearly in control. 🚩

COW

BTC
Created with Highcharts 9.1.1
0.7804
+1.14%

This bearish signal suggests a high probability of further price depreciation.

Opening long positions at this juncture carries considerable risk, as the prevailing trend indicates further downside potential. ⚠️

Traders who understand the risks of short selling may consider this a potential opportunity, but should proceed with extreme caution and use stop-loss orders to limit potential losses.

$COW #COW #bearishmomentum