Key Decisions in Oscillating Rebound
Strategies Behind COW Bull and Bear Battles
Seizing Core Support and Resistance, Steadily Positioning for Short-term Opportunities
Market Analysis
Recently, the price of COW coin has shown significant volatility and is currently in an adjustment phase. After a short-term dip, the price has stabilized, and market sentiment is gradually recovering. Overall, both bullish and bearish forces are still in contention, and a breakout trend may be on the horizon. Short-term investors should closely monitor changes in support and resistance levels.
Support and Resistance Levels
Support Levels: $0.90, $0.85, $0.80
Resistance Levels: $1.00, $1.05, $1.10
Short-term Trading Strategy
1. Long Strategy
• Entry Point: $0.91
• Add Position Point: $0.88
• Stop Loss Point: Slightly below $0.80
• Take Profit Targets: First Target $0.97, Second Target $1.02, Third Target $1.08
2. Short Strategy
• Entry Point: $1.02
• Add Position Point: $1.06
• Stop Loss Point: Slightly above $1.10
• Take Profit Targets: First Target $0.95, Second Target $0.90, Third Target $0.85
Forecast
Based on the current trend and trading volume, COW coin is likely to break upward, and it is recommended to focus primarily on long positions.
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