🚨 $COW Short Liquidation Alert 🚨

A massive $7.53K short liquidation just took place at $0.72787! The market is heating up, and volatility could follow. Here's a breakdown of what might come next:

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What Does This Mean?

Short liquidations occur when traders betting on a price drop are forced to exit their positions as the price rises. This could signal bullish momentum, as shorts are being squeezed, fueling upward pressure on the price.

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Market Prediction

Given the short liquidation, the market may see:

1. Bullish Push: Price might test higher levels as more shorts get squeezed.

2. Temporary Pullback: A minor correction before resuming upward momentum.

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Trade Plan for $COW

Here’s a safe and simple trading strategy:

Buy Zone:

$0.710 - $0.725 (Look for entry on a pullback near these levels.)

Target Levels:

1. Target 1: $0.770

2. Target 2: $0.810

3. Target 3: $0.850 (if the momentum stays strong)

Stop Loss:

Place a tight stop loss at $0.685 to manage risk.

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Risk Management

Use 2-3% of your capital per trade.

Stick to your stop loss and targets without emotional trading.

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Final Thoughts

The short liquidation hints at a potential bullish move, but always stay cautious! Keep an eye on volume and price action to confirm the trend.

$COW is on the radar—trade wisely and stay ahead!

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