$COW Short Liquidation Alert: $5.2196K at $0.88981
A sharp $COW short liquidation is in play, with over $5.2K being cleared at the key price of $0.88981. As the market shifts, traders are on edge.
Entry Point:
This liquidation clears the path for a potential reversal or continuation. Watch for a quick entry around the $0.88981 level, as momentum could drive a fast move.
Target:
A target zone could be in the $0.92-$0.95 range, depending on buying pressure. Watch the volume closely for confirmation of the breakout.
Stop Loss:
Set a stop loss around $0.86 to manage risk, protecting against further downside if the market turns. Keep an eye on price action to adjust as needed.
With $COW showing volatility, it’s critical to act swiftly and strategically.