$COW W is up 60% & now trading into major HTF resistance at 0.17
$1.68M in Shorts are stacked between 0.17-0.187, while funding sits at -2%
Shorts are paying heavily to stay in the trade.
If $COW W breaks & holds above 0.187, expect a potential squeeze toward 0.20+
If it rejects here, I’d watch 0.144-0.129 as the downside targets
Key level: 0.187
$1.68M in Shorts are stacked between 0.17-0.187, while funding sits at -2%
Shorts are paying heavily to stay in the trade.
If $COW W breaks & holds above 0.187, expect a potential squeeze toward 0.20+
If it rejects here, I’d watch 0.144-0.129 as the downside targets
Key level: 0.187