$COW Long Liquidation: $42.1K at $0.927
At $0.927, $42.1K in long positions were liquidated, signaling a sharp bearish shift as bulls fail to maintain critical levels.
Key Observations:
Bearish Pressure: The liquidation reflects strong selling momentum, pushing the price to new lows.
Volatility Alert: With significant long liquidations, the market could experience further price swings.
What’s Next for #COW
Downside Risk: If bearish momentum persists, COW could slide toward $0.910-$0.920.
Rebound Potential: A recovery above $0.940 might indicate a reversal, targeting $0.950-$0.960.
Stay sharp—this bearish move might open up opportunities for quick trades or long-term positions!