$COW /USDT SHORT TRADE SIGNAL šØ
šÆ Entry Point: Enter short near $0.6670, close to the upper boundary of the descending channel.
š Stop Loss: Set SL at $0.6800, just above resistance to minimize risk.
š° Take Profit Targets:
ā¢ TP1: $0.6500 š
ā¢ TP2: $0.6350 š
š Technical Overview:
The pair is moving within a downward channel, signaling bearish momentum. A rejection from resistance confirms a potential drop toward support levels.
š Pro Tips:
ā¢ ā Wait for bearish candlestick rejection for confirmation.
ā¢ āļø Maintain a 1:2 Risk/Reward ratio for effective risk management.
ā¢ š Watch for volume spikes to confirm selling pressure.
ā ļø Caution: A breakout above $0.6800 invalidates this setup. Adjust positions accordingly.
š Secure profits at TP1 and trail stop losses for extended gains to TP2!
š” Leverage Smartly: Use moderate leverage to control risk in volatile conditions.
š Follow for more insights!