🚀 $COW /USDT Technical Analysis 🚀
The current price of COW/USDT is 0.7283, reflecting a decline of -8.67% in the last 24 hours. Let's dive into the key technical levels and potential targets for this pair 🎯:
1. First Target: 0.7500
Watch for a possible rebound towards 0.7500, a crucial resistance level. A break above this could signal a recovery, especially if the market sentiment shifts positively.
2. Second Target: 0.8000
If the upward momentum continues, 0.8000 will be the next key resistance. A breakout above this level could indicate a stronger uptrend and bring renewed bullish interest to COW/USDT.
3. Third Target: 0.8332
The 24h high at 0.8332 represents a significant resistance. A move towards this level could mark the next major bullish milestone, but careful monitoring is essential as it might face resistance.
🔍 Key Observations:
24h High: 0.8332
24h Low: 0.7171
24h Volume (COW): 26.98M
24h Volume (USDT): 20.58M
Support Level: A strong support lies around 0.7171, which could act as a foundation if the price pulls back further.
📊 Volume Analysis:
Volume is relatively moderate with 26.98M COW traded in the last 24 hours, indicating consistent interest from traders.
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