09:03 (Beijing Time)
$COW current price is 0.1353; it has risen about 32.3% in the past 24 hours. Open interest surged 433%, and the funding rate is -0.996%. There are far more newly added leveraged positions; the probability of a long squeeze is increasing, but the volatility risk is very high—so don’t chase directly.
Reference plan:
Wait for the 1-hour closing price to break above 0.1420. Only consider going long if it retests 0.1380–0.1420 without breaking below.
Stop loss: 0.1275
TP1: 0.1600
TP2: 0.1800
If entering at 0.1400, the approximate first-target risk-reward ratio is about 1.60:1.
If 0.1420 is not broken or if 0.1275 is broken first, the plan is invalid.
Control your risk per trade.#合约观察 # trading plan
$COW current price is 0.1353; it has risen about 32.3% in the past 24 hours. Open interest surged 433%, and the funding rate is -0.996%. There are far more newly added leveraged positions; the probability of a long squeeze is increasing, but the volatility risk is very high—so don’t chase directly.
Reference plan:
Wait for the 1-hour closing price to break above 0.1420. Only consider going long if it retests 0.1380–0.1420 without breaking below.
Stop loss: 0.1275
TP1: 0.1600
TP2: 0.1800
If entering at 0.1400, the approximate first-target risk-reward ratio is about 1.60:1.
If 0.1420 is not broken or if 0.1275 is broken first, the plan is invalid.
Control your risk per trade.#合约观察 # trading plan