๐จ $COW /USDT โ SHORT SETUP ๐ | SELLERS IN CONTROL?
COW surged to 0.1563 but faced strong selling pressure and dropped toward 0.1350. Price is now consolidating, while the overall short-term structure remains bearish.
๐ TRADE PLAN
๐ด Direction: SHORT (on resistance rejection)
๐ฏ Entry Zone: 0.1368โ0.1380
โ TP1: 0.1340
โ TP2: 0.1310
โ TP3: 0.1278
๐ Stop Loss: 0.1405
๐ WHY SHORT?
๐ Price has formed lower highs after rejection at 0.1563.
๐ Price is trading below MA(99) at 0.1378.
๐ The earlier rally has lost momentum, with price moving sideways near local support.
โ ๏ธ The ask side is heavier in the displayed order book, though this can change quickly.
๐ก Key Level: A breakdown below 0.1340 could open the way toward lower support. A strong move above 0.1405 weakens this bearish setup.
โ ๏ธ Wait for confirmation. If support holds and price breaks above resistance, avoid forcing a short.
#COW #COWUSDT #CryptoTrading #BinanceSquare
COW surged to 0.1563 but faced strong selling pressure and dropped toward 0.1350. Price is now consolidating, while the overall short-term structure remains bearish.
๐ TRADE PLAN
๐ด Direction: SHORT (on resistance rejection)
๐ฏ Entry Zone: 0.1368โ0.1380
โ TP1: 0.1340
โ TP2: 0.1310
โ TP3: 0.1278
๐ Stop Loss: 0.1405
๐ WHY SHORT?
๐ Price has formed lower highs after rejection at 0.1563.
๐ Price is trading below MA(99) at 0.1378.
๐ The earlier rally has lost momentum, with price moving sideways near local support.
โ ๏ธ The ask side is heavier in the displayed order book, though this can change quickly.
๐ก Key Level: A breakdown below 0.1340 could open the way toward lower support. A strong move above 0.1405 weakens this bearish setup.
โ ๏ธ Wait for confirmation. If support holds and price breaks above resistance, avoid forcing a short.
#COW #COWUSDT #CryptoTrading #BinanceSquare
๐ด COW: Rejection?
๐ฏ 0.134 โ 0.131 โ 0.1278
๐ SHORT๐ | INVALID>0.1405 ๐
9 hr(s) left