🚨 ALERT: $COW Surging Towards Resistance – Key Levels to Watch! 🚨
$COW is currently trading at $0.4762, up 10.13% in the last 24 hours, with a 24-hour high of $0.5000. The strong upward momentum from its low of $0.4051 suggests a potential breakout or retracement. Here's what to watch next:
Key Levels to Watch
1. Resistance Level 1: $0.5000 (24h High)
A breakout above this level could trigger a rally to the next targets.
2. Resistance Level 2: $0.5200
Breaking through here could confirm a bullish continuation.
3. Ultimate Resistance: $0.5500
Surpassing this zone indicates strong buying pressure and a long-term uptrend.
Support Levels
Support Level 1: $0.4617 (EMA 7)
Holding this level is critical to maintain the bullish momentum.
Support Level 2: $0.4173 (EMA 99)
A drop below this level could signal a deeper correction towards $0.4051.
Trade Setup
Long Entry: Above $0.5000, targeting $0.5200 and $0.5500.
Short Entry: Below $0.4617, aiming for $0.4173 and $0.4051.
Stop Loss: Place at $0.4500 to minimize risk.
COW is testing pivotal levels, and traders should prepare for significant volatility as it approaches critical zones!