The COW coin market is volatile!

Will it break the support or rebound? Key point analysis!

Check the trading strategy quickly and seize the last chance!

Market analysis:

COW is currently fluctuating at a low level, market sentiment tends to be cautious, buying is weak but the downside is limited. Although short-term bulls try to rebound, the volume is insufficient and the overall trend is still weak.

Key points:

• Support level: 0.8800, 0.8600, 0.8400

• Resistance level: 0.9100, 0.9300, 0.9500

Short-term trading strategy:

Buy strategy:

• Opening point: 0.8850

• Adding position: 0.8700

• Stop loss point: 0.8390

• Take profit target: First target 0.9100, second target 0.9300, third target 0.9500

Short strategy:

• Opening point: 0.9100

• Adding position: 0.9300

• Stop loss point: 0.9600

• Take profit target: The first target is 0.8850, the second target is 0.8700, and the third target is 0.8600

$COW

My prediction:

The overall trend is weak, and the short-term trend is more inclined to break through the support level downward. It is recommended to use a short-order strategy.

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