The chart created on July 16, 2025, shows that CoW Protocol (COW/USD) has formed a rising wedge pattern. A rising wedge is a bearish chart formation where price moves upward between two converging trendlines, signaling a potential sharp drop once support breaks. In this case, COW/ USDT has climbed to $0.4376, near the wedge’s upper […]
The post CoW Protocol Faces Breakdown Risk as RSI Hits 72 and Wedge Pattern Signals 90% Crash appeared first on CoinChapter.
