$COW COW/USDT Faces a Sharp Decline ๐จ
Current Price: $0.7697 (-13.58%)
24H High: $0.9000
24H Low: $0.7581
Volume: 70.71M COW
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Market Movement ๐ฎ๐
COW/USDT has plummeted over 13% in the last 24 hours, dropping from a high of $0.90 to test support near $0.7581. Selling pressure dominates, keeping bulls cautious.
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Key Levels to Watch ๐
Immediate Support: $0.7581 โ Bulls need to defend this zone to prevent further declines.
Resistance: $0.8475 โ Recovery momentum will depend on reclaiming this level.
Trend: Strong bearish momentum; traders should watch for reversal signals.
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Strategy for Traders โก
Short-Term Traders: Monitor support levels and look for a potential bounce.
Caution: Keep stop-losses tight due to volatility.
Volume Insight: High trading volume indicates significant interest, but downward pressure dominates.
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