$COW COW/USDT Alert ๐จ: Sharp Decline Continues!
๐ Price: $0.8302 (-16.74%)
๐ 24h High: $1.0298 | 24h Low: $0.8249
๐ผ Volume:
COW: 122.79M
USDT: 111.60M
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Market Snapshot ๐ฎ
Recent Drop: COW has faced heavy selling pressure after peaking at $1.0404, marking a significant drop to $0.83.
Support Levels: Key support near $0.82 โ any break below this could signal further downside.
Next Resistance: To reclaim bullish momentum, COW needs to cross back above $0.91.
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Whatโs Driving the Move?
1๏ธโฃ Volume Surge: Increased trading indicates heightened activity but leans bearish.
2๏ธโฃ Market Sentiment: Broader DeFi market weakness may be impacting COW's price action.
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Trading Strategy:
DIP Buyers: Look for $0.82 as a potential accumulation zone.
Risk Management: Set stop-losses to manage volatility.
Breakout Watch: Monitor for a recovery move above $0.91 for bullish confirmation.
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Will the bulls take charge, or is more downside ahead? Share your thoughts below! ๐๐