$COW Analysis - Consolidation Phase with Bearish Bias

Signal Details:

Entry Range: $0.6050 - $0.6100

Target 1 (TP1): $0.5900

Target 2 (TP2): $0.5800

Stop Loss (SL): $0.6250

Market Insights:

COW/USDT is showing signs of weakness after failing to maintain support above $0.6200. The price is consolidating near $0.6095, with bearish momentum building. A breakdown below $0.6050 could trigger further downside toward $0.5900 and $0.5800. However, a recovery above $0.6250 would invalidate this bearish outlook and open the path for bullish continuation.

Pro Tip:

Keep an eye on volume near $0.6050. A surge in selling pressure could confirm the downward move. Ensure stop-loss levels are strictly adhered to for risk management.

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