š $COW
/USDT Technical Analysis: Eyes on the Targets!
COW is showing bullish momentum with a current price of $0.4355 (+5.29%). The DeFi token has caught traders' attention due to its increasing volume and price activity. Here's a detailed analysis:
Key Levels to Watch:
šÆ Target 1: $0.4500
Reason: This is the immediate resistance. A breakout above could confirm the continuation of the bullish trend.
Action: Consider booking partial profits if the price approaches this level.
šÆ Target 2: $0.4750
Reason: A significant resistance zone backed by historical price action. Reaching this level indicates strong upward momentum.
Action: Monitor trading volume closely to confirm the breakout.
šÆ Target 3: $0.5000
Reason: The psychological level of $0.5000 serves as a major milestone for COW/USDT. Breaking it could lead to explosive growth.
Action: Set a trailing stop-loss to secure profits if this target is reached.
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