🚨 $COW /USDT TRADING ALERT: POTENTIAL MOVE INCOMING! 🚨
$COW is currently trading at $0.3740, down 4.74% in the last 24 hours. After rejecting resistance at $0.4012, the price has dropped sharply, testing key support levels. This volatile setup presents trading opportunities for both long and short strategies!
💡 Critical Levels to Watch:
Resistance: $0.3895 and $0.4012
Support: $0.3643
📈 Long Trade Setup:
Entry Point: $0.3760 (on a confirmed bounce from support)
Take Profit Targets:
TP1: $0.3895
TP2: $0.4012
Stop Loss: $0.3640
🚨 Upside Potential: If support holds, expect a recovery rally toward the resistance zone.
📉 Short Trade Setup:
Entry Point: $0.3720 (on a confirmed breakdown below support)
Take Profit Targets:
TP1: $0.3640
TP2: $0.3500
Stop Loss: $0.3800
⚠️ Downside Risk: A breakdown below $0.3643 could trigger further selling pressure, targeting lower levels.
🔑 Trade Wisely:
Monitor the volume and momentum closely to confirm the breakout or breakdown scenario. Tight stop-losses are essential in such a volatile market.
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