$COW /USDT BEARISH REVERSAL — SUPPORT BREAK TRIGGERS DOWNSIDE WATCH!
$COW has slipped sharply to $0.3612, marking an 11.34% drop in 24h and breaking below the short-term support at $0.3700. This breakdown invalidates recent bullish momentum, with price rejecting multiple times near $0.41 resistance. With increasing sell volume and consistent lower highs, bears are taking control.
Trade Setup (SHORT):
Entry Price: $0.3650 – $0.3750
Target 1: $0.3400
Target 2: $0.3100
Stop Loss: $0.3860
Market Outlook:
If COW stays below $0.3700, a continuation toward deeper support is likely. Current RSI weakness and sell-side dominance support further downside moves. Keep an eye on any fakeout reclaims near $0.38, but bias remains bearish unless $0.39 is recovered with strong volume.
Risk Management Tip:
Don’t average into weakness. Stick to stop-loss placement and wait for price to confirm direction before re-entry.
Don’t let this breakdown go unnoticed — the smart short comes early, before the floor fully cracks!
Be early, be disciplined — profits favor the prepared in volatile drops!