🚨 $COW Price Holds Steady: Are Bulls Prepping for the Next Move? 🚨
$COW is trading at $0.9773, consolidating after a sharp pullback from its 24-hour high of $1.0376. The support level around $0.9170 has provided stability, while immediate resistance sits near $1.0000. Bulls appear to be regaining strength, eyeing another upward push.
For traders looking to enter, an entry at $0.9773 offers a solid opportunity. Target quick gains with TP1 at $0.9900 and TP2 at $1.0000. To limit downside risk, a stop-loss at $0.9500 is recommended.
With the RSI at 56.09, COW maintains healthy momentum without being overbought. The MACD reflects a recovering trend, signaling the possibility of renewed bullish action. Traders should monitor volume closely for a breakout above resistance, which could reignite upward momentum.