$COW /USDT Technical Analysis & Trade Signal
Current Price: 1.1050 USDT
Price Change: +38.00% in the last 24 hours
24h High: 1.1111 USDT | 24h Low: 0.7960 USDT
24h Volume (COW): 85.96M COW | 24h Volume (USDT): 79.63M USDT
Technical Indicators:
Resistance Level: 1.1263 USDT (depth level)
Support Level: 0.7960 USDT (recent 24h low)
SAR (Stop and Reverse): 1.0215 USDT – indicating a potential trend reversal at this level.
Trend: Bullish, with a sharp upward momentum (+38% change in the last 24 hours), suggesting continued buying interest.
Trade Signal:
Momentum: Strong bullish momentum, supported by high trading volume and upward price action. The market is in an uptrend.
Trend Direction: Buy signal based on the positive price movement.
Target Levels:
1. Target 1: 1.12 USDT – Resistance level at market depth.
2. Target 2: 1.15 USDT – Anticipated breakout level.
3. Target 3: 1.20 USDT – Psychological level, aligning with strong resistance from the previous uptrend.
Stop Loss: 1.02 USDT – Below the SAR value, to protect against a trend reversal.
Trade Momentum: Bullish, with a strong upward movement in the past 24 hours. If the price sustains above 1.10 USDT, the bullish trend could continue. Consider securing profits at the target levels as the price approaches them.
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