$COW

/USDT Technical Analysis & Price Action Update

The COW/USDT pair has shown significant momentum over the last 24 hours, surging by +35.70%. As we analyze the chart, key levels are emerging that traders should keep an eye on for the next price movements.

1️⃣ Target 1: 0.9200 USDT

This level marks an initial resistance, and a successful break above it could signal further bullish momentum. Watch for confirmation of support at this level before entering any positions.

2️⃣ Target 2: 0.9600 USDT

The next major resistance lies around 0.9600 USDT. A continuation of the uptrend could bring COW/USDT towards this level, especially if market sentiment remains positive.

3️⃣ Target 3: 0.9740 USDT

This is the key 24-hour high, and it will be a critical test. A breach here could open up further gains toward new highs. However, caution is advised as this level has proven tough to surpass.

Support Zone: 0.8800 USDT

If the price dips, this could act as a strong support level to keep the upward trend intact.

Stay tuned and monitor closely for any breakouts or reversals at these levels!

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