Trade Details
Entry Price: $0.2875
Target 1: $0.2950
Target 2: $0.3050
Target 3: $0.3200
Stop Loss: $0.2750
Market Analysis
$COW is exhibiting strong bullish momentum, currently gaining 7.32% after rebounding from a low of $0.2584. The recent price action saw a 24-hour high of $0.2884, signaling increased buying pressure and market confidence.
Key Technical Levels
Resistance: A breakout above $0.2900 could pave the way for further gains toward $0.3050 and beyond.
Support: The $0.2750 level remains a critical support zone, providing a safety net against downside risk.
Trade Strategy
Traders may consider entering a long position at the identified entry price while adhering to risk management strategies. Maintaining the stop-loss level at $0.2750 ensures downside protection, while potential upside targets offer favorable
risk-reward opportunities.
