BlockchainBaller
--
Bullish
#COW BOOMmmm ❗First target achieved‼️ I had already informed you that $COW would hit $0.50 or $1 today, and it has successfully touched $0.50 before entering a consolidation phase. Now, after consolidation, the bullish momentum should continue pushing it towards $1❗$COW /USDT – Cooling Down After a Massive Spike❓$COW surged 40.41% in the past 24 hours, hitting a high of $0.5864 before pulling back to $0.4409. The market is at a decision point will bulls regain control, or is a deeper retracement ahead❓
Key Levels to Watch
Resistance: $0.4661 – A breakout here could send COW back toward $0.53-$0.58.
Support: $0.3983 – If this level fails, expect a drop to $0.35-$0.30.
Trade Setup
Long Entry: If COW holds above $0.42, it may push for another rally toward $0.48+.
Short Entry: A breakdown below $0.39 could accelerate selling pressure toward $0.35.
Market Insight
MACD: Bearish divergence forming, indicating fading momentum.
Parabolic SAR: Showing signs of a potential trend reversal.
Order Book Sentiment: 48.88% Buy vs. 51.12% Sell, suggesting uncertainty among traders.
After the sharp rally, consolidation is setting in—watch for the next move carefully.
Key Levels to Watch
Resistance: $0.4661 – A breakout here could send COW back toward $0.53-$0.58.
Support: $0.3983 – If this level fails, expect a drop to $0.35-$0.30.
Trade Setup
Long Entry: If COW holds above $0.42, it may push for another rally toward $0.48+.
Short Entry: A breakdown below $0.39 could accelerate selling pressure toward $0.35.
Market Insight
MACD: Bearish divergence forming, indicating fading momentum.
Parabolic SAR: Showing signs of a potential trend reversal.
Order Book Sentiment: 48.88% Buy vs. 51.12% Sell, suggesting uncertainty among traders.
After the sharp rally, consolidation is setting in—watch for the next move carefully.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.