Trading Signals for $COW CoW Protocol
Action: Long and Short Positions
Entry Range: $1.15 - $1.20
SL: 0.5% - 1.5% below entry price
TP: 2% - 15% above entry price
COW has exhibited significant volatility with a 46.77% increase in price over the last 24 hours and a 214.82% surge in volume. This momentum indicates heightened trading activity, possibly driven by speculative interest or positive news. The Vol/Mkt Cap ratio of 58.61% supports this as it shows a high level of liquidity for the current market cap.
Recent price action suggests potential consolidation in the $1.15 - $1.20 range, following its climb to a new all-time high of $1.18 just minutes ago. Scalpers should carefully monitor this zone for breakout or retracement signals.
Scalping Strategy:
Long Position
Entry: $1.15 - $1.18
Take Profit (TP): $1.22 - $1.38
Stop Loss (SL): $1.13
Short Position
Entry: $1.18 - $1.20
Take Profit (TP): $1.12 - $1.10
Stop Loss (SL): $1.22
๐ฅ Trade Here๐$COW
๐จ Note: Trade at your own risk; this signal is not guaranteed. Always Do Your Own Research (DYOR) before entering a position.
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