$COW

/USDT Technical Analysis and Trade Strategy📈🎯

Current Overview

Current Price: $0.9025

24h High: $1.0404

24h Low: $0.6876

24h Volume:

COW: 292.18M

USDT: 270.45M

SAR: $0.8435 (Support)

AVL (Average Volume Level): $0.9011

Performance: +30.68% (Strong Bullish Movement)

Technical Indicators

Trend: Strong Bullish

Support Levels:

Primary: $0.8435 (SAR Support)

Secondary: $0.8000 (Psychological Level)

Resistance Levels:

Primary: $0.9500 (Near-Term Resistance)

Secondary: $1.0404 (24h High)

Trade Setup

Long Entry Zone

Entry: Between $0.8800 and $0.9000

Look for a pullback and confirmation of support near SAR ($0.8435).

Stop Loss

Long Stop: $0.8400 (Below SAR Support)

🎯 Target Levels for Long Trade

1. Target 1: $0.9500 (Approx. 5% Profit)

2. Target 2: $1.0000 (Psychological Resistance)

3. Target 3: $1.0404 (24h High, Approx. 15% Profit)

Short Entry Zone

Entry: Below $0.8400 (Breakdown of SAR Support)

Stop Loss: $0.8800 (Above AVL)

🎯 Target Levels for Short Trade

1. Target 1: $0.8000 (Approx. 5% Profit)

2. Target 2: $0.7700 (Next Support)

3. Target 3: $0.7500 (Deeper Support Zone)

Strategy Execution

1. Confirm Volume:

Long Trade: Look for a bounce near $0.8800 with rising volume.

Short Trade: Confirm breakdown below $0.8400 with strong selling pressure.

2. Risk-Reward Ratio: Aim for a 2:1 reward-to-risk ratio.

3. Trailing Stop: Use a trailing stop after hitting Target 1 to protect gains.

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