Short Trade Signal: Reversal Opportunity for $COW /USDT

Pair: $COW/USDT

Setup: Potential bearish reversal after retesting resistance near 1.1300.

Entry Point: 1.1270

Take Profit 1: 1.1100

Take Profit 2: 1.0950

Stop Loss: 1.1330

Rationale:

Price facing resistance at 1.1300 with multiple rejections.

Recent green candles show reduced momentum, signaling a potential trend reversal.

Volume spikes suggest increased selling pressure.

Risk Management: Use a tight stop-loss at 1.1330 to limit losses. Adjust SL to breakeven once TP1 is reached.

Recommendation: Secure partial profits at TP1 and let the rest ride toward TP2 while monitoring for momentum shifts.

Monitor closely for any unexpected breakout above resistance!