$COW is currently trading at 0.4487 USDT, suggesting a bullish market structure with a positive RSI of 58.01.

The support level at 0.4276 USDT provides a safety net, while the resistance at 0.4821 USDT presents a breakout opportunity.

Traders may consider a breakout strategy if price momentum continues.

However, Bitcoin's volatility and macroeconomic factors could pose risks, affecting COW's price action significantly.