BREAKING: $COW Just Triggered $12,014 in SHORT LIQUIDATIONS at $0.403!
The bears are getting burned and momentum is building fast!
Are we witnessing the start of a powerful bullish reversal?
$COW Technical Analysis
Trend Overview:
After facing significant selling pressure, COW has triggered a short squeeze with liquidations totaling over $12K at $0.403 – a sign that sellers were overleveraged and buyers are stepping in with force.
Buy Zone (Accumulation Area):
$0.392 – $0.405
Ideal zone to accumulate as it sits just below the liquidation level.
Strong support from previous consolidation and current interest from bulls.
Targets (Upside Momentum):
1. Target 1: $0.428 — Initial resistance and profit-taking zone.
2. Target 2: $0.451 — Breakout level; watch for increased volume.
3. Target 3: $0.478 — High momentum zone if short squeeze continues.
Stop Loss (Risk Management):
$0.385
Below key support; exit if price closes below this on 4H candle.
Why It Matters:
Short liquidations mean bears are forced to buy back, fueling upside momentum.
Liquidity at $0.403 suggests strong demand.
Breakout potential is high with proper volume support.
Caption for Social Media Post:
"BOOM! Shorts just got rekt! $12K liquidated at $0.403 and $COW is RAGING! Charging ahead like a bull set free — are you in or watching from the fence?