🚀 Analysis and forecast for $COW : time to exit? 📈
As of May 21, 2025, 16:08 EEST, the rate of $COW on Binance is $0.4538, with a 16% increase over the last 24 hours. The trading volume for the day has risen to $410.32M, and the market capitalization is around $130.83M (according to market data). The increase is associated with positive interest in the CoW Protocol following its listing on Binance, which is actively discussed on X.
Technically, COW shows a bullish trend. On the 4-hour chart, the price broke the resistance at $0.44, and the RSI (14) at 74 indicates overbought conditions. Key levels: support — $0.426, resistance — $0.48. A breakout above $0.48 could push the price to $0.55, but a drop below $0.426 would increase pressure towards $0.40. Volumes are high, supporting the current momentum.
Forecast: in the short term (by the end of May), COW may reach $0.50–$0.55 if momentum continues. By July 2025, a correction to $0.38 is possible due to overbought conditions. The long-term target for 2026 is $1.00–$1.20 if the CoW Protocol continues to develop its DeFi functionality.
Time to exit? After a 16% increase and the current price of $0.4538, taking profits seems reasonable, especially considering the RSI. Set a stop-loss at $0.42 for protection. For long-term investors, holding with a target of $0.50 is justified, but keep an eye on volumes and news. $COW is promising due to innovations in DeFi, but overbought conditions may lead to a pullback. Act with caution! #COW #Binance #CryptoAnalysis
