$COW
/USDT Technical Analysis & Trade Signal
Current Price: $1.1399
Momentum: Bullish (+33.83% 24h change)
Technical Overview:
Trend: The price is trading near the upper Bollinger Band ($1.1509), indicating strong bullish momentum.
Support Levels: $1.0050 (Lower Bollinger Band), $0.9322 (recent low).
Resistance Levels: $1.1509 (Upper Bollinger Band), $1.1536 (4h high).
Trade Signal:
Buy on dips near $1.08–$1.10 to ride the bullish momentum.
Target 🎯 Levels:
1. Target 1 (Short-term): $1.1500
2. Target 2 (Mid-term): $1.2000
3. Target 3 (Extended): $1.2500
Stop-Loss:
Set below $1.00 to manage downside risk.
Momentum Indicator:
RSI (if available): Likely overbought (>70); exercise caution with tight stop-loss.
Strong volume supports continuation of the uptrend.
Note: Monitor closely for profit booking or reversal near resistance levels.
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