🚨 $COW Short Liquidation Alert 🚨
A $7,759.40 short position on $COW was liquidated at $0.91201, indicating a potential surge in buying activity.
The liquidation has removed selling pressure, which could fuel a sharp upward move for $COW.
Analyzed Trade Plan for $COW:
Entry Point: $0.9200
Target: $1.00 (conservative) / $1.10 (aggressive)
Stop Loss: $0.8800
Analysis:
Short liquidations often result in a squeeze, driving prices higher as shorts are forced to cover their positions.
$COW could break key resistance levels and accelerate upward if the bullish momentum holds.
Keep an eye on volume and price action to confirm sustained strength before committing to the trade.
Act decisively, manage your risk, and capitalize on the opportunity.