$COW is currently priced at 0.2748 USDT, positioned near its resistance level of 0.2778 USDT.
The market structure appears to be ranging, with recent price action stabilizing around the support level of 0.2682 USDT.
A potential trading strategy could focus on a breakout entry above resistance for further upside.
Traders should be cautious of Bitcoin’s volatility and macroeconomic factors that could influence market sentiment.
Monitoring trading volume at 31,347.4 will provide insights into momentum and possible trend reversals.
