$COW Long Liquidation Update
Liquidation Details:
Liquidated Amount: $11,135
Liquidation Price: $0.75376
Market Insight:
The sharp liquidation reflects increased selling pressure, causing bulls to lose grip. If support fails, further downside could be expected.
Key Levels to Monitor:
• Support: $0.7300 (critical for a bounce)
• Resistance: $0.7800 (key barrier for upward recovery)
Trading Recommendations:
• Buy Suggestion: Look for potential entries near $0.7300–$0.7400 if support holds.
• Sell Suggestion: Watch for rejection around $0.7800. Ideal exit: $0.7700–$0.7800.
Next Steps:
A break below $0.7300 might lead to a test of $0.7000, so stay cautious.
Keep stop-losses tight to minimize risks!
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