$COW /USDT SHORT TRADE SIGNAL 🚨
🎯 Entry Point: Enter short near $0.6670, close to the upper boundary of the descending channel.
🛑 Stop Loss: Set SL at $0.6800, just above resistance to minimize risk.
💰 Take Profit Targets:
• TP1: $0.6500 📉
• TP2: $0.6350 🏁
📊 Technical Overview:
The pair is moving within a downward channel, signaling bearish momentum. A rejection from resistance confirms a potential drop toward support levels.
🔑 Pro Tips:
• ✅ Wait for bearish candlestick rejection for confirmation.
• ⚖️ Maintain a 1:2 Risk/Reward ratio for effective risk management.
• 🔍 Watch for volume spikes to confirm selling pressure.
⚠️ Caution: A breakout above $0.6800 invalidates this setup. Adjust positions accordingly.
🚀 Secure profits at TP1 and trail stop losses for extended gains to TP2!
💡 Leverage Smartly: Use moderate leverage to control risk in volatile conditions.
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