$COW /USDT Daily Trading Signal – Bullish Trend Highlighted
COW/USDT is currently in a strong bullish trend, trading at $0.3936, which shows an increase of 10.72% in the last 24 hours. This pair has broken out of its recent range, and the significant increase in volume indicates new buying interest. Continuous higher low points are observed on the daily chart, and the price has rebounded from support near $0.35, moving towards the recent high of $0.4264.
Trading Signal:
Buy COW/USDT @ $0.3936
Target 1: $0.4260
Target 2: $0.4500
Stop Loss: $0.3580
This breakout and increasing volume suggest that the price may go further up. However, it is essential to keep a stop loss below the recent swing low to avoid losses. Traders should observe continuation signals on smaller time frames for further confirmation of entry.