$COW 🐄
Here's the setup 🧐 The rejection at 0.164 was clean, but price held above the mid-range. These consolidations often build pressure before the next directional move.
Long Setup 🍏 $COW
4H Key Levels
C: 0.1472
R: 0.1649
S: 0.1000
Trigger Zone: 0.1472–0.1500
T1: 0.1649
T2: 0.1683
T3: 0.1750
Risk Cut: 0.1377
Bids are holding near the current level.
$COW rallied from 0.100 to 0.164 before pulling back, with volume remaining steady. The structure is compressing near 0.147, and buyers are stepping in to defend the zone. Momentum is still intact, but resistance at 0.164 needs to clear for continuation.
If buyers defend this area, a retest of the recent high and beyond stays in play. If support gives way, the next area of interest sits near 0.137.
Are you waiting for the breakout or the pullback?
#cowusdt #Futures #TrendingTips
Here's the setup 🧐 The rejection at 0.164 was clean, but price held above the mid-range. These consolidations often build pressure before the next directional move.
Long Setup 🍏 $COW
4H Key Levels
C: 0.1472
R: 0.1649
S: 0.1000
Trigger Zone: 0.1472–0.1500
T1: 0.1649
T2: 0.1683
T3: 0.1750
Risk Cut: 0.1377
Bids are holding near the current level.
$COW rallied from 0.100 to 0.164 before pulling back, with volume remaining steady. The structure is compressing near 0.147, and buyers are stepping in to defend the zone. Momentum is still intact, but resistance at 0.164 needs to clear for continuation.
If buyers defend this area, a retest of the recent high and beyond stays in play. If support gives way, the next area of interest sits near 0.137.
Are you waiting for the breakout or the pullback?
#cowusdt #Futures #TrendingTips