$COW Struggling to Find Support
COW ($COW) has slipped 7.14%, currently trading at $0.3640. It hit a high of $0.4523 and found temporary support at $0.3600 over the past 24 hours, indicating continued selling pressure.
Key Levels to Watch:
Resistance: $0.3728 ā A break above this could spark a short-term recovery.
Support: $0.3620 ā Losing this level might trigger further downside.
Trade Setup:
Long Above $0.3680
Target 1: $0.3750
Target 2: $0.3820
Stop-loss: $0.3640
Short Below $0.3620
Target 1: $0.3550
Target 2: $0.3480
Stop-loss: $0.3650
Market Insight:
COW is trending lower, trading beneath the 7-MA ($0.3665), 25-MA ($0.3728), and 99-MA ($0.3908), reinforcing bearish momentum. If buyers can reclaim $0.3728, a relief bounce is possible. However, if $0.3620 fails, a deeper drop toward $0.3480 may follow. Keep an eye on these critical levels.
