$COW /USDT Technical Analysis – A Potential Opportunity or Risk🎯🚀🚀🚀

Current Price: $0.6797 (-11.78%)

24h High/Low: $0.7715 / $0.6613

Volume (24h): 43.97M COW

📊 Market Insights:

The COW/USDT pair is currently trading at a critical level. After a sharp decline of -11.78%, the price is nearing its 24h low at $0.6613, reflecting selling pressure. However, the recent market behavior hints at possible entry points for both short-term and long-term traders.

🎯 Targets to Watch:

1️⃣ First Target: $0.6960

This aligns with the SAR level ($0.6963). Breaking above this could signal the start of a short recovery.

2️⃣ Second Target: $0.7350

A major resistance level where previous selling occurred. Bulls need strong volume to break this zone.

3️⃣ Third Target: $0.7710

Near the 24h high, achieving this level would confirm a bullish reversal.

📉 Risk Management:

Support: $0.6613 (24h Low)

Resistance: $0.6963 (SAR level)

Strategy Tip:

Short-term traders: Look for a breakout above $0.6960 with volume confirmation.

Long-term investors: Wait for stability above $0.7350 to avoid false breakouts.

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