$COW Short Liquidation Alert: Bulls Charge Ahead!
Liquidation Details:
Liquidated Amount: $1,457.7
Trigger Price: $1.00876
What Does It Mean?
This short liquidation highlights growing bullish momentum, forcing bears to exit their positions.
cow has broken a key level, signaling potential for further upside if buyers sustain pressure.
Key Levels to Watch:
Resistance Zone: $1.020–$1.030 (a breakout here could ignite a sharp rally).
Support Zone: $0.995–$1.005 (must hold to maintain bullish sentiment).
Next Moves:
1. Bullish Scenario:
If $COW breaks and holds above $1.020, expect a surge toward $1.050–$1.070, fueled by bullish momentum.
2. Bearish Scenario:
Failure to sustain above $1.000 could lead to a retracement toward $0.980–$0.990 as sellers attempt a comeback.
Stop Loss Recommendations:
For Long Positions: Place a stop loss at $0.995 to safeguard gains.
For Short Positions: Set a stop at $1.030 to avoid further losses in a squeeze.
$COW is on the move—prepare for high volatility and strategic opportunities!