$COW Short Liquidation Alert

A short position of $5,021 was liquidated at $0.61262 for COW (CoW Protocol).

This suggests traders betting on a price drop were forced to exit as the price climbed higher.

What Does It Mean?

1. Bullish Momentum:

Liquidations often push prices up due to forced buying pressure.

2. Increased Volatility:

Price swings may become sharper as traders adjust positions.

What’s Next for COW?

Resistance Zone: $0.62-$0.65. If this is broken, further upside is possible.

Support Level: $0.60. Bulls need to defend this area to maintain momentum.

Market Sentiment: A strong rally may attract more buyers.

Tips for Traders:

Monitor price action around resistance and support.

Use stop-loss orders to minimize risk.

Stay updated with news or events related to CoW Protocol.

Act cautiously—volatile moves can create both opportunities and risks!

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