🔻 $COWUSDT BEARISH REVERSAL – SELLERS DOMINATING AFTER SHARP SPIKE

The $COWUSDT pair surged to a high of 0.3402 but faced heavy rejection, currently trading lower at 0.3113 (+6.87%). This strong reversal indicates profit-taking by bulls and entry of sellers, suggesting further downside if buyers fail to defend immediate support levels.

🔷 Trade Setup (SHORT):

Entry: 0.3120 – 0.3150 (current zone pullback)

Targets: 0.3050 / 0.2980 / 0.2910

Stop Loss: 0.3220

📊 Market Outlook:

COW is forming lower highs post its peak, signalling fading bullish momentum. If price stays below 0.3220 resistance, sellers are likely to continue pushing towards recent support zones.

⚠️ Risk Management:

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

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buy and trade here on $COW