$COW /USDC – Strong Bullish Rejection at Highs: Long Setup on Pullback
COW has shown strong upward movement with a wick rejection from the 0.4244 high, indicating profit-taking after a breakout. Price is currently retesting the mid-level support around 0.4120. A rebound from this level could offer an ideal long re-entry for continuation.
Entry: 0.4120
Target 1: 0.4195
Target 2: 0.4280
Target 3: 0.4350
Stop Loss: 0.4055
Momentum remains intact after a healthy pullback, providing a potential re-accumulation zone before the next leg up.
Risk Management: Allocate 3–5% capital. After Target 1, shift SL to breakeven to secure the position.
Pro Tip: Watch for strong volume returning near the 0.4120 level; that would confirm a solid bounce setup and renewed buying pressure.
