Market Outlook:
The $COW/USDT chart shows a strong bullish trend, with potential for further upward momentum. A recent breakout above the $0.3494 resistance level highlights solid bullish pressure.
Entry Levels:
Long Position:
Entry: Above $0.3929 (current price)
Stop Loss: $0.3481 (24-hour low)
Target: $0.4254 (24-hour high)
Short Position:
Entry: Below $0.3481 (24-hour low)
Stop Loss: $0.3929 (current price)
Target: $0.3142 (key support level)
Leverage Recommendations:
Long Position: Use a 1:2 risk-reward ratio.
Short Position: Use a 1:1.5 risk-reward ratio.
Note: Apply proper risk management strategies and adjust leverage to fit your risk tolerance.
Disclaimer: This analysis is for educational purposes only and should not be considered financial advice.
