ā ļøš $COW /USDT ā MASSIVE SURGE IN ACTION! šā ļø
COW/USDT is experiencing an explosive movement, rocketing nearly 97% in the past 24 hours! This parabolic rise from a low of 0.2490 to a high of 0.5069 highlights significant buying momentum, but traders should proceed with caution as volatility spikes.
Current Price: 0.4894
š” Key Levels to Monitor:
Resistance (White Indicator): 0.5069 ā This level marks the recent peak. A break above could trigger another bullish wave, pushing the price into new highs.
Support Zone: 0.3307 ā With rapid gains, this level serves as a critical fallback to prevent further declines if momentum fades.
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š Short Trade Signal
Entry Price: Near 0.4894 (Current Price)
Target: 0.3307
Stop Loss: 0.5069
If COW faces resistance at 0.5069 and momentum weakens, shorting near the current price could be viable, targeting the 0.3307 support. A stop-loss above 0.5069 helps manage risk in case of a breakout.
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š Long Trade Signal
Entry Price: Above 0.5069 (Breakout)
Target 1: 0.5500
Target 2: 0.6000
Stop Loss: 0.4800
A breakout above 0.5069 would signal renewed buying strength, potentially pushing COW towards 0.5500 and 0.6000 targets. Confirm upward momentum and volume before entering to capture the next bullish leg.