$COW
/USDT: Trade Plan with Bearish PullBack đđ
Market Overview:
Current Price: $0.7894
24h Range: $0.7889 - $0.9275
Volume: 70.29M (USDT), 81.99M (COW)
Change: -12.71% (Pullback after high)
Trade Setup đŻ
1. đ„ Entry Points:
Primary Entry: $0.7850 - $0.7900 (Buy near support)
Aggressive Entry: $0.8000 (If bullish momentum picks up)
2. đ Profit Targets:
1. đŻ $0.8100 â Immediate resistance
2. đŻ $0.8200 â Next resistance zone
3. đŻ $0.8400 â Potential breakout
3. đ Stop-Loss:
$0.7750 (Limit downside risk)
Execution Strategy âĄ
1. Entry:
Buy around $0.7850 - $0.7900 for a potential reversal or $0.8000 if bullish momentum resumes.
2. Take Profits:
50% at $0.8100
30% at $0.8200
20% at $0.8400
3. Risk Management:
Risk/Reward Ratio: 1:2 or 1:3
Adjust stop-loss after hitting $0.8100 to lock in profits.
Momentum Signals to Watch:
Volume Surge: Look for volume above 10M USDT for trend confirmation.
RSI: Above 50 signals strong bullish momentum.
EMA Cross: Watch for the 50 EMA crossing above the 200 EMA for a bullish trend confirmation.
Plan: Buy near support, target resistance, and manage risk effectively! đđ
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