Trading Signals for COW Protocol $COW
COW Protocol has seen a 7.27% gain in the past 24 hours, accompanied by a significant increase in trading volume (+13.32%), which suggests strong market interest. The price is currently at $0.7827, with a high daily volume-to-market cap ratio (19.25%), indicating potential volatility—a favorable condition for scalping. The token is consolidating near its recent high of $0.7785, presenting opportunities for both breakout and range-bound scalping strategies.
Given its historical volatility and recent movements, a scalping strategy focusing on both long and short positions within a tight range is suitable.
Trading Strategy:
Action:
📈 Long Position if price breaks above $0.79
📉 Short Position if price falls below $0.75
Entry Range:
Long: $0.79–$0.805
Short: $0.75–$0.735
Take Profit (TP):
Long TP: $0.81–$0.89
Short TP: $0.735–$0.68
🥂Trade Now👇$COW
🚨 Note: Trade at your own risk. Always DYOR.
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