$COW What's next?

Analyzing the chart and the provided indicators:

1. General Context:

Pair: COW/USDT.

Timeframe: 15 minutes.

Visible Indicators:

Bollinger Bands: The price is at the upper part of the band, indicating high volatility and a possible overbought.

MACD: Shows a bearish crossover (MACD line below the signal line), indicating a possible weakening of the buying force.

RSI: RSI (14) is at 64, still below the overbought zone (70), but with a downward trend.

Moving Averages: MA(5) is above MA(20), confirming a recent uptrend, but there may be a pullback.

2. Strategy:

Based on indicators:

📍Short: Looks more favorable at the moment, considering:

The price is near the top of the upper Bollinger band, which usually suggests a reversal or consolidation.

The MACD is already showing a bearish divergence.

Volume is decreasing, indicating a possible exhaustion of the upward movement.

3. Suggested Levels:

📍Entry: $0.8880 (current price or just below).

🎯Take Profit (TP): $0.8450 (near the center of the Bollinger Band).

🔴Stop Loss (SL): $0.9280 (above the recent peak and visible resistance).

4. Recommendations:

Watch the volume and candlestick behavior near the indicated levels for confirmation.

Adjust the SL and TP depending on volatility and your risk tolerance.