Signal Alert: $COW /USDT
The COW/USDT pair has been experiencing a period of consolidation after a recent decline. The price is currently trading near the lower end of this range, suggesting potential for a bullish reversal.
Current Price: $0.6895
Entry Price: $0.6895 (Buy on a break above the recent low)
Resistance: $0.7110, $0.7346, $0.8346
Support: $0.6613, $0.6588
Take-Profit Targets:
* TP1: $0.7110 (Break above the recent high)
* TP2: $0.7346 (Retest of the previous high)
* TP3: $0.8346 (24-hour high)
Stop-Loss: $0.6613 (Below the recent low)
Caution:
Traders should closely monitor the price action for signs of stability or potential breakout signals. If the price breaks below the $0.6613 support level, the bearish trend may resume.
