$COW /USDT Trading Signal - Bullish Momentum Rebound
Entry Zone: $0.7400 - $0.7800
Target 1: $0.8500
Target 2: $0.8900
Stop Loss: $0.7100
Market Overview:
COW/USDT is up by 23.11% to $0.7819 after a strong surge from its low at $0.5918. Buyers are pushing the price closer to the resistance level of $0.8873, indicating a potential continuation of bullish momentum if volume sustains.
Trade Strategy:
Entry: Accumulate within the $0.7400 - $0.7800 range.
Targets: Aim for $0.8500 as the first target, with $0.8900 as a secondary target.
Risk Management:
Place a stop loss at $0.7100 to safeguard against downside risks. Adjust the stop loss once the first target is achieved.
Conclusion:
Watch for a breakout above $0.8873 for a stronger bullish signal. Volatility is expected, so manage positions accordingly.