$COW /USDT Trade Signal: Oversold Rebound Potential
Entry Zone: $1.0400 - $1.0600
Target 1 (TP1): $1.1000
Target 2 (TP2): $1.1400
Target 3 (TP3): $1.2000
Stop Loss (SL): $1.0200
Analysis:
COW/USDT is consolidating near $1.0537 after a steep decline, suggesting potential for a short-term rebound.
Buyers appear to defend the $1.0300 support level, aligning with reversal signals.
Ideal for intraday or short-swing setups with minimal risk.
Trade Management:
Secure partial profits at TP1 to manage risks.
Adjust stop loss to breakeven after hitting TP1.
Monitor volume for breakout confirmation above $1.0600.