$COW 🦅🦅🦅
The COW/USDT trading pair has experienced a notable 12.33% increase in the last 24 hours, with a current price of $0.5184. This surge indicates a moderate bullish trend.✨
From a technical standpoint, the 7-day Exponential Moving Average (EMA) is trading above the 25-day and 99-day EMAs, confirming the bullish sentiment.
Key levels to watch include resistance at $0.5972 and support at $0.4454. Traders may consider long positions at $0.5441, targeting $0.5899, while maintaining a stop-loss at $0.4912. Conversely, short positions may be considered at $0.5899, targeting $0.5441, with a stop-loss at $0.5972.
The Relative Strength Index (RSI) is at 40.5569, indicating a moderate level of buying pressure.
