$COW BULLISH BREAKOUT SETUP WITH RSI OVERBOUGHT AND STRONG TREND ๐ฅ
Entry: 0.1461 ๐ฅ
Target: 0.1509 ๐
Stop Loss: 0.1366 โ ๏ธ
RSI at 85.5 signals overbought conditions, yet the higher timeframe trend remains 80% bullish โ a classic setup for a squeeze. The EMA20 and EMA50 are conflicting, but price is compressing near resistance. With additional targets at 0.1556 and 0.1604, the risk-to-reward is stacked for a continuation higher.
Are you leaning bullish here or expecting a deeper pullback first?
Not financial advice. Always manage your risk.
#COW #LongSetup #Breakout #Crypto
๐ฅ
Entry: 0.1461 ๐ฅ
Target: 0.1509 ๐
Stop Loss: 0.1366 โ ๏ธ
RSI at 85.5 signals overbought conditions, yet the higher timeframe trend remains 80% bullish โ a classic setup for a squeeze. The EMA20 and EMA50 are conflicting, but price is compressing near resistance. With additional targets at 0.1556 and 0.1604, the risk-to-reward is stacked for a continuation higher.
Are you leaning bullish here or expecting a deeper pullback first?
Not financial advice. Always manage your risk.
#COW #LongSetup #Breakout #Crypto
๐ฅ