$COW /USDT Breakdown Alert – Potential Correction Ahead! 📉
The recent COW/USDT rally faces resistance near $0.90 and is showing early signs of weakness. Sellers have pushed the price below the key support level, signaling a possible correction.
Market Insights:
Support Zone Lost: Previous support near $0.90 has turned into resistance.
Key Levels to Watch:
Next Support: $0.80
Major Downside Zone: $0.70 if momentum accelerates.
Volume Decline: Reduced buying interest indicates weakening bullish momentum.
What’s Next?
Traders should monitor price action carefully. If the price fails to reclaim above $0.90, further downside could test the $0.80 range. Consider setting tight stop-losses and managing risk effectively.
Stay sharp and prepared for the next move!
