$COW /USDT - Is it possible for the price to pull back from the local high? 🚨
Current price: $0.4379 (+10.11%)
After a strong rise towards $0.4528, the COW pair is showing a decline with a bearish 30-minute candlestick pattern - sellers are stepping in!
Short Trading Setup:
Entry Zone: $0.437 - $0.443
1st Profit Target: $0.430
2nd Profit Target: $0.422
3rd Profit Target: $0.410
Stop Loss: $0.454
Key Levels:
Resistance: $0.4528 (24-hour high)
Support: $0.3878 (24-hour low)
Market Overview:
The rally is losing momentum - the upper wicks and recent candle closes show a decline in momentum.
Pro Tip:
Watch for lower highs on the 15/30-month charts - ideal for a bearish continuation.
Sellers are sensing weakness - this could be a short setup to take advantage of a price rebound! 📉
COWUSDT
permanent
0.4412
+12.49%
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