$COW is currently in a strong uptrend, with price breaking above key moving averages and supported by high trading volume. However, the RSI suggests the pair is overbought, and a short-term pullback or consolidation could occur before resuming its uptrend.
Trading Strategy:
Bullish Outlook: Buy on dips near $0.6776 or $0.6057 if price corrects.
Short-term Targets: $0.7420, $0.75, and beyond if bullish momentum persists.
Support and Resistance Levels:
Support Levels:
$0.6776 (previous breakout level, short-term support)
$0.6057 (medium-term support near MA(25))
$0.5338 (strong base near prior consolidation zone)
Resistance Levels:
$0.7420 (current 24H high, immediate resistance)
$0.75 (psychological resistance level)
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