And again, Ladies and Gentlemen, good day 👋 🤝
Let's skip the growth $VANA for now, in fact, from the opening at 25.01USDT for Vannu 🛁 to the visible 34.35USDT at the time of writing the article is just nothing - 37.5%.
And let's return to our herds of KoRoVoK who gave me a couple of hundred today on the kickback!
🐮Cow-cow give me some milk, how much is it - 3USDT (something inspired by childhood)😊
The market never ceases to amaze me! This pair was the focus of my attention today
– COW/USDT, a pair that has made a lot of noise in recent days. 📈🚀
I think it is necessary to say this:
What happened to $COW anyway?
According to the data, the token$COW showed an impressive growth to $1.04, which became the maximum mark in a day. However, today the market slightly rolled back, and the price dropped to $0.8647 (-13.93% in a day).
🔍 Key indicators:
• 24-hour high: $1.04.
• 24-hour low: $0.8424.
• 24-hour trading volume: 182.01 million USDT (this is clear evidence of increased interest from traders!).
Watch D1 (daily report)
• Bollinger Bands (BOLL):
• Upper limit: $1.08 (resistance level).
• Average border: $0.5289 (support).
Let's think about the reasons for the growth?
1. Technical Breakout: The rally from $0.25 to $1.04 was driven by strong momentum and increased trading volume. The chart shows a solid breakout of all moving averages, signaling a bullish trend.
2. FOMO effect: Seeing rapid growth, traders began to enter positions en masse, which intensified the upward movement.
3. Fundamental background: New liquidity coming in and likely some positive news coming from COW.
What does technical analysis say?
• Volumes: The chart shows a sharp increase in trading volumes. This factor often indicates the end of accumulation and the beginning of a new trend.
• MACD: Lines remain in positive territory but are starting to narrow, which may indicate a slowdown in the growth rate.
• RSI (Stoch): A reading of 75+ indicates overbought conditions. Traders should be careful as a pullback is possible.
Where to trade next, and options?
🚨 Option 1: Sale (fixing profit):
• If you are already in a position, the $1.04–$1.08 zone is strong resistance. You can take some profit and wait for a pullback for a new entry.
📉 Option 2: Waiting for correction:
• The price goes into correction after rapid growth. Levels for buying on a rollback:
• $0.7100 – nearest support.
• $0.5289 – strong level according to Bollinger Bands.
📈 Option 3: Continued growth:
• In case of a breakout of $1.04 with high volume and consolidation above this zone, we can expect a continuation of the bullish trend and movement to $1.20–$1.30.
What to do next?
1. Monitor volumes – they will show whether there is still interest in the coin.
2. Manage your risks – don’t forget to set stop losses and take profits.
3. Wait for confirmation of the signal – a breakout of the resistance level or a test of support on a rollback.
My version of a rapid return to growth after a rollback from 0.93 did not come true
🐄 COW, like any token, requires attention and calculation! Rapid growth is an opportunity, but also a risk. Be vigilant and monitor technical levels!
📊 Do you think COW will continue its run or give a break? Write in the comments where you think the herd of Cows will go! Who sees better entry points and for what purposes?