$COW /USDT has been experiencing a strong upward trend over the past 24 hours, with a significant price increase of 27.15%. The pair has broken above the key resistance level of $0.8500 and is currently trading at $0.8691.
Entry:
Consider a long position at the current market price of $0.8691.
Resistance & Support:
* Resistance: $0.9000, $0.9500, $1.0000
* Support: $0.8500, $0.8000, $0.7500
Take Profit Targets:
* TP1: $0.9000
* TP2: $0.9500
* TP3: $1.0000
Stop Loss:
Set a stop loss at $0.8000 to protect against potential downside movement.
Caution:
While the current price action suggests bullish momentum, it's essential to monitor the market closely for stability or potential breakout signals. Always exercise caution and manage your risk appropriately.
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