📉 $COW

Shows Sharp Pullback After Recent High 📊

The market is witnessing volatility in COW/USDT, with a 32.24% gain despite a visible pullback from recent highs.

Key Price Action:

Current Price: $0.8646

24h High: $1.0404

24h Low: $0.6360

Market Insights:

COW hit resistance at $1.04, triggering a decline.

The price is currently hovering near a support zone of $0.85. A breakdown could signal further downside.

Volume Watch: Increasing sell volume indicates short-term bearish sentiment.

Trading Strategy:

Immediate Support: $0.85 – $0.83

Resistance Levels: $0.92 / $1.04

Monitor for recovery signals above $0.92 to confirm bullish momentum.

Risk Management: Ensure tight stops below $0.83 to avoid further risk during this pullback.

Hashtags:

#Binance #CryptoTrading #TradingSignals #CryptoMarket #BinanceLaunchpool