$COW

USDT BEARISH REVERSAL – BULLS LOSING STRENGTH AFTER SPIKE

The $COWUSDT pair surged to a high of 0.3402 but failed to sustain, currently trading lower at 0.3122 (+7.51%). This sharp rejection from the top indicates profit-taking and seller dominance, suggesting a potential continuation to the downside if buying fails to resume.

🔷 Trade Setup (SHORT):

Entry: 0.3130 – 0.3160 (on minor pullback)

Targets: 0.3050 / 0.2980 / 0.2890

Stop Loss: 0.3220

📊 Market Outlook:

COW shows a classic peak rejection pattern on the 15m chart with lower highs forming post-spike, indicating momentum fading. As long as price remains below 0.3220 resistance, sellers are likely to push for further correction.

⚠️ Risk Management:

Always use a strict SL and risk only 1-2% of your portfolio per trade to maintain discipline and capital protection.

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buy and trade here on $COW

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