$COW /USDT Technical Analysis: Ride the Momentum! 🚀🚀🚀🔥
COW/USDT has caught the spotlight with its massive +44.14% surge! Let’s dive into the technical analysis and identify key targets for traders looking to capitalize on this trend.
Current Stats:
Price: $0.9535
24h High: $0.9740
24h Low: $0.5780
Key Targets 🎯
1️⃣ Target 1 - $1.05:
The immediate resistance level, backed by strong buying momentum. Breaking this level could pave the way for a bullish breakout.
2️⃣ Target 2 - $1.20:
If the momentum sustains, the next psychological resistance is at $1.20, where profit-taking could occur.
3️⃣ Target 3 - $0.80:
In case of retracement, $0.80 serves as a strong support zone, providing a potential re-entry for buyers.
Analysis Insight:
The volume spike indicates increasing interest in COW/USDT, but traders should keep an eye on market depth and volatility. Manage your risk and trade wisely!