$COW /USDT Reversal Opportunity: Key Levels to Watch
$COW /USDT is trading at $0.8746, stabilizing near a critical support level after a sharp correction. A potential reversal could push the price toward key resistance zones.
Technical Analysis:
Support Zone: $0.8500 – $0.8700
Immediate Resistance: $0.9000
Key Resistance: $0.9500
The chart shows buyers defending the support area, signaling a possible rebound. A breakout above $0.9000 could confirm further bullish momentum.
Trading Signal:
Entry Zone: $0.8700 - $0.8800
Targets:
1. Target 1: $0.9000
2. Target 2: $0.9250
3. Target 3: $0.9500
Stop Loss: Below $0.8500
Market Insights:
COW/USDT has gained 132.92% over the last 30 days and 72.23% in 7 days, indicating strong underlying bullish sentiment despite recent pullbacks.
A breakout above $0.9000 will strengthen recovery momentum and target higher levels.
Risk Management Tip: Use stop losses to minimize risk and secure profits incrementally as each target is achieved.