$COW Breakout Momentum Setup (over the next 12 hours)
Momentum: Bullish +15.92%, Huge rise with strong follow-through
Relative Strength Index: 73 entered overbought territory, but the breakout momentum is still intact
Volume: Clear volume explosion, and buyers have clear control
Breaking the 0.4800 level with RSI 70+ may be risky if the volume fades.
Discipline in stopping losses is the only key to confirming the strong candle at the entry line! The market is in an overbought condition
**Long Setup (in case of a breakout at $0.4800)
Entry: $0.4810
Targets:-
1: $0.4950
2: $0.5100
Stop Loss: $0.4380
000000000000000000000000000
**Short Setup (if it closes below $0.4384)
Entry: $0.4370
Targets:-
1: $0.4170
2: $0.4010
Stop Loss: $0.4810
Buy and trade from here $COW
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