🚀$COW COW/USDT Rises 17.76% – DeFi Token Gains Momentum! 🔥

Current Price: $0.8598 (+17.76%)

24H High: $0.8604

24H Low: $0.7171

COW has delivered impressive performance with a 17.76% surge in the last 24 hours. After touching a high of $0.8604, the token is maintaining its upward trajectory with strong market interest.

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Market Highlights

🔹 Support Zone: $0.8147 serves as immediate support. Stronger support lies near $0.7600.

🔹 Resistance Zone: A breakout above $0.8604 could lead to a further rally toward $0.9000.

🔹 Trading Volume: With 43.24M COW traded, activity indicates robust market participation.

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What’s Next for COW?

1️⃣ For Bulls:

Focus on sustained movement above $0.8604 to target $0.9000.

Look for increasing trading volume to confirm bullish momentum.

2️⃣ For Bears:

A rejection at $0.8604 could trigger a pullback to $0.8147 or lower.

Monitor decreasing volume for signs of weakening upward pressure.

3️⃣ Risk Management:

Set stop-loss orders slightly below $0.8100 to minimize downside risks in case of reversals.

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Trading Strategy

For Breakout Traders: Enter on a confirmed breakout above $0.8604 with a target of $0.9000 or higher.

For Swing Traders: Buy near $0.8147 support and aim for resistance at $0.8600.

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Key Takeaway

COW is emerging as a strong contender in the DeFi market with its recent rally. With growing interest and momentum, this token could be primed for further gains.

💡 #COW #DeFi #CryptoTrading #BinanceUpdate #BinanceAlphaAlert