COW drops more sharply, but now we only look at one conflict: after selling pressure eases, is there any effective repair?
Binance USDT perpetual｜COW past 24 hours -20.94%, weakness still remains. For any repair, first check whether selling pressure has converged. Current price is about 0.1216, with 24h trading volume around 403 million.
30m ATR trend provides a reference level of 0.136883. The current price has broken below the reference level, indicating that the trend protection level is starting to come under pressure.
Focus on two key levels: whether the aggressive buy-sell ratio of 0.97 can get back above 1; and whether the current price can reclaim the ATR trend band reference level of 0.136883.
#COW #anomaly alert
Binance USDT perpetual｜COW past 24 hours -20.94%, weakness still remains. For any repair, first check whether selling pressure has converged. Current price is about 0.1216, with 24h trading volume around 403 million.
30m ATR trend provides a reference level of 0.136883. The current price has broken below the reference level, indicating that the trend protection level is starting to come under pressure.
Focus on two key levels: whether the aggressive buy-sell ratio of 0.97 can get back above 1; and whether the current price can reclaim the ATR trend band reference level of 0.136883.
#COW #anomaly alert