$COW /USDT BEARISH BREAKDOWN UNDER KEY SUPPORT ๐ฎ๐
๐จ Current Price: $0.3151
๐ป 24h Change: -8.32%
๐ TECHNICAL OUTLOOK:
$COW /USDT has broken below critical support at $0.3200, signaling bearish momentum. Price action is weak with consistent lower highs and lower lows forming on the 1H and 4H charts.
๐ KEY LEVELS:
Resistance:
๐บ $0.3300 โ Minor
๐บ $0.3515 โ Major (24h high)
Support:
๐ป $0.3110 โ Intraday
๐ป $0.3020 โ Strong daily demand zone
๐งจ TRADE SETUP โ SHORT ENTRY IDEA:
๐ฝ Entry: $0.3150 - $0.3170
๐ฏ Targets (TP):
TP1: $0.3080
TP2: $0.3020
๐ Stop Loss (SL): $0.3225
๐ง Trade Logic: Rejection at $0.3200 flips support to resistance; bearish continuation likely towards the lower demand zone.
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โ ๏ธ RISK MANAGEMENT:
Risk only 1-2% of capital per trade. Stick to SL. Donโt chase โ wait for clean retest entry! ๐
๐ Bearish bias remains until price reclaims $0.3300+ with strong volume.
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