$COW /USDT has exhibited a strong upward trend on the 1-hour chart. The price has broken above a key resistance level and is currently consolidating around the $0.9005 level.
* Entry: Consider entering a long position at the current price of $0.9005.
* Resistance:
* Strong resistance: $0.9740
* Weak resistance: $0.9354
* Support:
* Strong support: $0.6354
* Weak support: $0.8000
* Take-Profit Targets:
* TP1: $0.9354
* TP2: $0.9740
* TP3: $1.0000
* Stop Loss: $0.8000
Caution:
* Traders should exercise caution and monitor the market closely for any signs of stability or a potential breakout.
* Always use a stop-loss order to limit potential losses.
* Consider using a trailing stop-loss to lock in profits as the price moves in your favor.