$COW /USDT Price Prediction This Week on Binance
Current Price: $0.3160
📊Technical Overview:
$COW has experienced a +8.72% increase in the last 24 hours, currently trading at $0.3160. The 4-hour chart indicates a bullish trend, with the price moving above the 50-day moving average, suggesting potential upward momentum. However, the 200-day moving average remains above the current price, which could act as a resistance level if the price approaches it again.
Weekly Price Forecast:
•Bullish Scenario: $0.3250 – $0.3400
•Neutral Range: $0.3100 – $0.3250
•Bearish Scenario: $0.2950 – $0.3100
Trade Plan:
•Entry Zone: $0.3100 – $0.3150
•Take Profit 1: $0.3250
•Take Profit 2: $0.3400
•Stop Loss: Below $0.2950
Summary:
If $COW maintains its current bullish momentum, it could reach up to $0.3400 this week. Traders should monitor for any pullbacks to the entry zone for potential buying opportunities, while keeping an eye on the 200-day moving average as a key resistance level.
