🚨 $COW
PLUMMETING AFTER PEAK: Will It Rebound or Sink Further? 🚨
COW is trading at $0.6516, down 8.61%, following a sharp drop from its recent high of $0.7500. Volatility remains high, with the price teetering near key support zones.
💡 Key Levels to Watch:
📈 Resistance 1: $0.6850 – A break above this level could push COW toward $0.7300.
📈 Resistance 2: $0.7500 – Reclaiming this zone may reignite bullish momentum, targeting $0.7700.
📉 Support 1: $0.6320 – If this support fails, expect a dip toward $0.6000.
📉 Support 2: $0.6000 – Losing this level could lead to a further drop, testing $0.5600.
⚠️ Trade Setup:
Bullish Play: Enter above $0.6600, targeting $0.6850 and $0.7300.
Bearish Play: Short below $0.6320, aiming for $0.6000 and $0.5600.
COW's next move hinges on its ability to hold current levels or breach critical resistance. Monitor volume and market sentiment closely for confirmation.