$COW /USDT BEARS RETAIN CONTROL – 0.4200 SUPPORT IN SIGHT
COW is trading at $0.4287, staying below both the 7 MA and 25 MA on the 1H chart after a steep drop from $0.5082. The failed attempts to reclaim $0.4350 suggest sellers remain dominant, with $0.4200 now the key level to watch for a potential breakdown.
Trade Setup (Short-Term Short):
Entry: $0.4280 – $0.4320
Take Profits: $0.4240 / $0.4200 / $0.4150
Stop Loss: $0.4370
Market Outlook:
Short-term momentum remains bearish as moving averages continue to slope downward. A decisive break under $0.4200 could accelerate selling toward deeper support levels, while bulls must reclaim $0.4350 to shift sentiment.
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