$COW /USDT Trading Signal – Retracement or Breakout Setup?
Entry Range: $0.7600 – $0.7700
Target Levels:
Target 1: $0.7850
Target 2: $0.8000
Stop Loss: $0.7400
Market Observation:
$COW /USDT surged 25.31% over the last 24 hours, hitting a high of $0.7977. The current retracement near $0.7624 indicates potential for a breakout if buying momentum resumes. Volume suggests strong participation, and the price remains above the short-term moving averages, indicating sustained bullish sentiment.
A breakout above $0.7700 could lead to a retest of $0.7850, with a further rally toward $0.8000. However, traders should monitor the stop loss at $0.7400 to mitigate downside risk in case of reversal.
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