$COW /USDT Analysis: Trading Opportunities with Key Levels

Current Price: $1.1426 (+10.60%)

Targets for Long Trades:

Target 1: $1.18 (Immediate resistance)

Target 2: $1.23 (Recent high level)

Target 3: $1.30 (Extended bullish breakout)

Long Trade Signal:

Entry Point: Above $1.15 to confirm bullish momentum.

Stop-Loss: $1.10 to manage downside risk.

Strategy: Look for increasing volume and a break above $1.18 to sustain momentum toward higher levels.

Targets for Short Trades:

Target 1: $1.10 (Support retest zone)

Target 2: $1.05 (Deeper correction level)

Target 3: $1.00 (Psychological support)

Short Trade Signal:

Entry Point: Below $1.13 for bearish confirmation.

Stop-Loss: $1.16 to limit risks.

Strategy: Monitor selling pressure and rejection at resistance zones for potential downside moves.

Market Insight:

$COW /USDT has shown volatility with a high of $1.1790 and a retracement to $1.1426. Current consolidation indicates potential breakout or further retracement depending on volume and market sentiment.

Pro Tip: Adjust trade sizes and stop-loss levels based on market conditions to maximize profitability while minimizing risks.

#COW #CryptoTrading #BinanceSignals #CryptoInvesting #BinanceLaunchpoolBIO