Major Liquidation Alert:$COW Takes a Hit!

A staggering $78.7K worth of COW longs was just liquidated at a pivotal price of $0.680!

The market bulls have been caught off guard, fueling a sudden wave of volatility in this lesser-known gem.

Long Squeeze in Action:

Bulls were betting on a rise, but the market turned against them, causing a cascade of liquidations.

Key Support Breached:

The $0.680 mark appears to have been a critical level, and its break triggered a sharp downside move.

→ Why It Matters

1. Volatility Spike:

Such large liquidations in altcoins like $COW suggest heightened speculative activity.

2. Market Sentiment:

This liquidation hints at bearish pressure, at least in the short term.

3. Trading Lessons:

The unpredictable nature of altcoin moves underscores the need for proper risk management.

Watch These Levels:

Can the price reclaim $0.680 as support?

Will bearish momentum drive prices even lower?

Stay Alert:

Altcoins like $COW are highly volatile. Use stop-loss orders and keep your risk in check!

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