š„š„š„š„š $COW /USDT Technical Analysis šš„š„š„
š Current Price: $1.1462 (+40.21% in 24 hours)
COW/USDT has been on an impressive uptrend, showing significant bullish momentum. The 24-hour high of $1.2055 and low of $0.7960 reflect strong market fluctuations, but the overall direction is leaning positive. Here's a breakdown of the key technical levels and targets for COW/USDT:
šÆ Target 1: $1.20
The first target lies near the 24-hour high of $1.2055. If the bullish trend continues, COW could easily retest this resistance level, confirming the upward momentum.
šÆ Target 2: $1.30
A break above $1.20 could lead to a push towards $1.30. This level aligns with recent price action and represents a key psychological resistance, where traders may start to take profits.
šÆ Target 3: $1.50
If COW manages to sustain its bullish momentum, the next significant target could be $1.50. This level would mark a new high for the pair and could be reached if the market sentiment remains favorable, with further DeFi adoption driving buying interest.
š Volume and Market Strength
The current volume of 107.98M COW and 108.16M USDT suggests that there is strong market interest in COW, supporting the price surge. Continued high volume would confirm the sustainability of the trend.
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