๐ฎ $COW /USDT โ Trendline Bounce with Bullish Momentum! ๐๐
Current Price: $0.2981 (+1.16%)
$COW is riding a solid ascending trendline on the 4H chart and just printed a strong green bounce candle off key support. The structure looks bullish, and continuation is on the cards if price holds above $0.2960.
๐ Trade Setup:
โข Entry Zone: $0.2955 โ $0.2985
โข ๐ฏ Target 1 (TP1): $0.3050
โข ๐ฏ Target 2 (TP2): $0.3100
โข ๐ Stop Loss (SL): $0.2890
โก Technical View:
The trendline is being well-respected, and the latest bounce shows buyer strength. As long as price holds above $0.2960, bulls remain in control.
๐ก Risk Note:
Below $0.2890, the trendline structure breaks. Stick to your SL and manage exposure.
๐ Strategy Breakdown:
This setup leans on price action and structure โ trendline bounce + momentum confirmation. Ideal for short-term continuation traders looking for a low-risk, high-reward move.
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