$COW is sitting at 0.12140 today and I am passing on it
Volume is just 1.7M over the last day which is way too thin for safe size
Size moves this thin order book and big exits are never likely here
I need to see an hourly close and hold above 0.12190 to flip bullish
Or a clean pullback that holds 0.11120 and shows an actual bounce
It could keep running without you and a bad entry costs more than a missed move
Chasing $COW here or waiting for 0.11120
#COW #RiskManagement
Volume is just 1.7M over the last day which is way too thin for safe size
Size moves this thin order book and big exits are never likely here
I need to see an hourly close and hold above 0.12190 to flip bullish
Or a clean pullback that holds 0.11120 and shows an actual bounce
It could keep running without you and a bad entry costs more than a missed move
Chasing $COW here or waiting for 0.11120
#COW #RiskManagement