$COW COW/USDT Alert 🚨: Sharp Decline Continues!
📉 Price: $0.8302 (-16.74%)
📊 24h High: $1.0298 | 24h Low: $0.8249
💼 Volume:
COW: 122.79M
USDT: 111.60M
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Market Snapshot 🐮
Recent Drop: COW has faced heavy selling pressure after peaking at $1.0404, marking a significant drop to $0.83.
Support Levels: Key support near $0.82 – any break below this could signal further downside.
Next Resistance: To reclaim bullish momentum, COW needs to cross back above $0.91.
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What’s Driving the Move?
1️⃣ Volume Surge: Increased trading indicates heightened activity but leans bearish.
2️⃣ Market Sentiment: Broader DeFi market weakness may be impacting COW's price action.
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Trading Strategy:
DIP Buyers: Look for $0.82 as a potential accumulation zone.
Risk Management: Set stop-losses to manage volatility.
Breakout Watch: Monitor for a recovery move above $0.91 for bullish confirmation.
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Will the bulls take charge, or is more downside ahead? Share your thoughts below! 📊🚀