š» $COW USDT BEARISH REVERSAL ā SELL PRESSURE BUILDING AFTER SPIKE
The $COWUSDT pair surged to a high of 0.3402 but failed to sustain, currently trading lower at 0.3119 (+6.74%). The sharp rejection from the top indicates profit-taking and increasing sell pressure, suggesting a potential continuation to the downside if buyers fail to regain control.
š· Trade Setup (SHORT):
Entry: 0.3130 ā 0.3160 (on minor pullback)
Targets: 0.3050 / 0.2980 / 0.2890
Stop Loss: 0.3220
š Market Outlook:
COW shows a clear peak rejection with lower highs forming post-spike, indicating fading bullish momentum. As long as it remains below 0.3220 resistance, sellers will likely dominate the short-term trend.
ā ļø Risk Management:
Use a strict SL and risk only 1-2% of your portfolio per trade to manage exposure safely.
#COW #CryptoSignals #BearishSetup #AltcoinAnalysis #Binance
buy and trade here on $COW