$COW
/USDT Trading Setup — Breakout or Retracement? Key Trading Opportunities 🚀
Current Price: $0.9372
24-Hour High: $1.0404 | 24-Hour Low: $0.6360
Change: +40.93%
🚀 Long Trade Setup
Entry Zone: $0.9200 - $0.9400
Targets: $0.9800 / $1.0200 / $1.0400
Stop-Loss: below $0.9000
Analysis: $COW /USDT showed strong bullish momentum, rising from $0.6360 to $1.0404. If buyers hold the current consolidation zone around $0.9370, a move towards the psychological resistance at $1.0000 and the recent high at $1.0400 may materialize.
🔻 Short Trade Setup
Entry Zone: $1.0000 - $1.0400
Targets: $0.9060 / $0.8500 / $0.7500
Stop-Loss: above $1.0500
Analysis: A rejection around the resistance at $1.0400 may trigger selling pressure. Traders should look for bearish candlestick patterns and weakening volume near this level for short opportunities, targeting support zones below $0.9000.
📊 Key Observations
Support Zone: $0.9060 - $0.8500 is crucial for bulls to defend for continuation.
Resistance Zone: $1.0000–$1.0400 remains a key breakout level to confirm the bullish trend.