Guys $COW is presenting a potential short setup right now š
Entry: 0.1675 - 0.1685
šÆ TP1: 0.1600
šÆ TP2: 0.1544
Open interest has surged over 42% in 3 hours while price remains trapped below its moving averages. This divergence heavily suggests aggressive short seller pressure dominating the order flow.
As long as price stays below resistance, I'm expecting a test toward support at 0.1544.
Stay sharp š
Entry: 0.1675 - 0.1685
šÆ TP1: 0.1600
šÆ TP2: 0.1544
Open interest has surged over 42% in 3 hours while price remains trapped below its moving averages. This divergence heavily suggests aggressive short seller pressure dominating the order flow.
As long as price stays below resistance, I'm expecting a test toward support at 0.1544.
Stay sharp š