🚀 $COW

COW/USDT Technical Analysis – Binance Update 🎯

📈 Current Price: 1.1574

🕒 24h Performance: +33.28%

COW/USDT has shown strong momentum with significant trading activity over the last 24 hours. Here's a technical breakdown along with three potential targets for traders to monitor:

Key Technical Indicators

Moving Averages (MA):

MA (7): 1.1728

MA (25): 1.0475

MA (99): 0.8542

24h High: 1.2300

24h Low: 0.8594

Volume:

COW: 124.89M

USDT: 134.58M

Resistance Level: 1.2530

Support Level: 0.9157

🎯 Targets for Traders

1. Target 1: 1.2300 (Short-Term Resistance)

Breaking this level could lead to further bullish momentum. Keep an eye on this zone as a breakout opportunity.

2. Target 2: 1.2530 (Key Resistance Zone)

A major resistance level; if the price sustains above this, the next leg up could lead to stronger gains.

3. Target 3: 1.3500+ (Bullish Breakout Potential)

If momentum continues and COW/USDT remains above MA(7), this psychological level could be reached in the medium term.

Outlook

The price moving above MA(25) and MA(99) indicates bullish control in the market. A pullback to support levels like 0.9157 could serve as an entry point for buyers. However, traders should monitor volume and depth data for confirmation.

Let’s go, Binance community! 🚀 #CryptoTrading #Binance #COWUSDT