$COW has surged 8.638% in the last 24 hours, indicating strong bullish momentum.
With a high of 0.272 and a low of 0.239, it's operating near the upper Bollinger Band at 0.2739.
The support level at 0.239 and the resistance at 0.272 suggest a tight trading range.
The overall market trend remains bullish, but macroeconomic factors, primarily inflation reports, could introduce volatility.
Currently, Bitcoin's influence on COW appears undefined, indicating low correlation.
Traders might consider a short-term strategy to capitalize on this volatility within established levels.
Key takeaway: Watch for a break above 0.2739 for potential continuation of this uptrend.
