Bearish Signal for $COW (COW/USDT): Price Correction and Market Volatility

$COW is trading at $0.8485, down by -14.21% in the last 24 hours. With a market cap of $249.66M and a fully diluted market cap of $854.77M, the coin shows high trading activity with a 24-hour volume of $213.88M, representing 85.67% of its market cap.

Key Insights:

Support Level: $0.75

Resistance Level: $1.00

Circulating Supply: 292.08M COW

Max Supply: 1B COW

All-Time High: $1.0244

All-Time Low: $0.0402

Technical Analysis: The recent decline suggests a short-term bearish trend. Watch for potential recovery around $0.75.

Risk Management: Set a stop-loss near $0.75 to limit potential losses. Monitor for a rebound towards $1.00.