Quick Profit Trading Signal For
$COW Entry Range: $0.3300 - $0.3350
Action: Sell 📉
SL (Stop Loss): $0.3450
TP 1: $0.3200
TP 2: $0.3100
TP 3: $0.3000
🥂 Trade Now 👇
$COW 🚨 Note: Trade at your own risk. DYOR.
Analysis of the Signal:
COW is currently down 6.48% in the last 24 hours, indicating a bearish sentiment. The 24-hour volume has decreased by 18.63%, which shows that the recent selling pressure may be weakening.
Resistance at $0.3450 - $0.3500, if the price can't break above this, a continuation of the downtrend is possible.
The price has dropped from $0.3707 to $0.3349, confirming that selling pressure is currently in control.
If COW breaks below $0.3300, further downside toward $0.3000 - $0.3100 is likely.
Reversal Possibility Trade Setup (Bullish Scenario)
If COW breaks above $0.3450 with strong volume, there could be a reversal potential.
Entry Range: $0.3500 - $0.3550
Action: Buy 📈
SL: $0.3400
TP 1: $0.3700
TP 2: $0.3800
TP 3: $0.3900
Reason for Reversal:
COW has experienced significant retracements from its all-time high, with the current price still showing a 735.22% increase from the all-time low.
A break above $0.3450 with volume could signal a shift in momentum toward bullishness.
The price movement suggests a potential consolidation phase, with a breakout above $0.3450 potentially leading to a rally back toward $0.3700+.
#BNBRiseContinues #CZBroccoliMeme #PPIShockwave #CryptoLovePoems #COW