$COW Trading at $0.3806 – Consolidating After a Dip, Seeking Stability
COW is currently trading at $0.3806, consolidating after a recent price dip from higher levels. The price is hovering around immediate support, and its ability to hold here will determine if a bounce is possible or if further downside correction is likely.
Key Levels:
Resistance: $0.3840 (immediate, recent high), $0.3860 (stronger)
Support: $0.3806 (immediate, current price and recent low), $0.3744 (24h Low, stronger support)
Trade Setup - Anticipate Volatility!
Bullish Entry: A confirmed move and sustained trading above $0.3840 could target:
Target 1: $0.3860
Target 2: $0.3900 (implied, previous high)
Bearish Entry: A break below $0.3806 could target:
Target 1: $0.3744 (24h Low)
Target 2: $0.3700 (implied, next support)
COW/USDT is at a pivotal point. A decisive break above $0.3840 could signal a recovery, while a sustained slip below $0.3806 might lead to a deeper retracement.