This looks like a well-structured long trade setup for $COW/USDT based on bullish momentum. Here’s a quick breakdown:
Key Points Supporting the Long Position:
✅ Strong Uptrend: +7.32% gain with buying pressure building up.
✅ Breakout Potential: A move above $0.2900 could fuel further upside.
✅ Support Holding: The recent bounce from $0.2584 and support at $0.2750 suggest a strong base.
Trade Plan Summary:
Entry: $0.2875
Target 1: $0.2950 (Secure partial profits)
Target 2: $0.3050 (Major resistance zone)
Target 3: $0.3200 (Extended bullish move)
Stop Loss: $0.2750 (Manage risk)
Risk Management:
🔹 Move SL to breakeven after hitting Target 1.
🔹 Watch Volume & Breakout Confirmation above $0.2900 for additional strength.
Would you like a real-time check on $COW/USDT to confirm the price action?
