$COW /USDT – MASSIVE BREAKOUT OR FAKE PUMP? 🚀🔥
$COW just saw an explosive move, surging nearly 110% before cooling off. Currently trading at $0.4500, the battle between bulls and bears is intense. Will it continue the bullish momentum or retrace further? Let’s break it down!
Key Levels
🔹 Resistance: $0.5000 – Key barrier for further upside.
🔹 Support: $0.4100 – Holding above this keeps bulls in control.
🔹 Breakout Level: $0.4700 – A strong close above confirms further upside.
Trade Setup
📈 Long Entry: Above $0.4700 (Breakout Confirmation)
🎯 Targets:
T1: $0.5000
T2: $0.5300
🛑 Stop Loss: $0.4200
📉 Short Entry: Below $0.4100 (Breakdown Confirmation)
🎯 Targets:
T1: $0.3800
T2: $0.3500
🛑 Stop Loss: $0.4600
Market Outlook
The price is consolidating after a major pump, with volatility still high. Bulls need a breakout above $0.4700 to push higher, while a rejection could lead to a drop. Volume confirmation is key for the next move!
⚠️ Risk Management: Keep SLs tight & use proper position sizing to avoid unnecessary losses.
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