$COW Technical Analysis – A Strong Breakout with Bullish Momentum
COW has surged to a 24-hour high of $0.7300, rallying sharply from its low of $0.6160, showcasing a strong 13.87% gain. The breakout above the critical resistance of $0.6939 signals significant bullish momentum, with buyers firmly in control. If COW holds above $0.7200, the next upside targets are $0.7400 and $0.7550. However, a failure to maintain this level may trigger a pullback toward the nearest support at $0.6939. Traders should capitalize on this strong trend but remain cautious, as volatility may present quick reversals. Tight stop-losses and profit-taking strategies will ensure maximum gains during this breakout phase.
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