$COW $COW

COW/USDT: A DeFi Token Facing Challenges

🐮 The COW/USDT pair is experiencing a downturn. This DeFi token has dipped by 8.76% in the last 24 hours.

What's contributing to this decline?

* Bearish Momentum: The price has been consistently declining, breaking through several support levels.

* Weak Support: The recent low of $0.3557 has failed to hold as a strong support level.

Should you hold or consider selling?

* Potential Exit: A further decline below the $0.3557 level could signal a stronger downtrend.

* Risk Management: If you're holding, consider setting a stop-loss to protect your investment.

Disclaimer: This is not financial advice. Do your own research before investing in any cryptocurrency.

What's your take? Do you think COW/USDT will recover, or is this the start of a longer-term downtrend? Share your thoughts in the comments!

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