$COW RSI(14): It is at 83.66 level. This indicates that it is in overbought territory. At these levels, the price is likely to make some correction or enter a consolidation process.

There is a significant increase in volume. This suggests that the rise is supported by strong buying pressure. However, this increase in volume may be followed by profit selling.

The price has now touched the upper line of the Bollinger Bands (UP: 0.8867) and has even moved out slightly. This indicates that the price may be overvalued in the short term.

MACD: It shows that the buying momentum continues, but we need to be careful because the risk of withdrawal increases with such rapid rises. STOCHRSI: At 92.79 level; This confirms that it is in overbought territory and a potential correction signal. Bullish momentum is strong, but being in overbought territory increases the risk of profit taking or price correction in the short term.

Support levels are found around 0.7983 and 0.6832. Retreats to these levels can be considered as buying opportunities. If the volume increase continues and the resistance level at 0.8999 is broken, a new uptrend may begin. It is not an investment advice. Take action with your own decisions...

#COW #BTCReclaims101K $BTC