$COW - LONG
Entry Zone: 0.1220 – 0.1245
Stop Loss: 0.1150
Targets:
TP1: 0.1285
TP2: 0.1330
TP3: 0.1390
Why This Setup?
The impulsive move from 0.0988 to 0.1649 created a strong higher-timeframe demand zone. The subsequent 23% correction has brought price back into a high-probability retest area while short-term momentum indicators are resetting. Declining volume on the red candles + early bullish divergences on RSI/StochRSI/KDJ support a bounce rather than immediate continuation lower. As long as 0.1183 holds, the path of least resistance remains upward for a relief rally toward the MA cluster and previous supply.
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$PORTAL
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