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$COW TESTS OVERHEAD SUPPLY WITH BEARISH EMA ALIGNMENT SIGNALLING CONTINUATION 📉
Entry: 0.1179 - 0.1188 ⚡
Target: 0.1159 - 0.1106 🎯
Stop Loss: 0.1223 🛑
📌 The 4H and 1H market structure remains cleanly aligned in favor of sellers, backed by an active bearish 50/200 EMA stack. 📊 Trend strength reinforces distribution with an ADX reading of 37.9 and 1H RSI printing 44.5, reflecting steady institutional pressure pushing toward lower liquidity.
🔍 While the 0.1179 to 0.1188 supply zone provides favorable risk asymmetry, price must clear local 1H support at 0.1154 to unlock extended targets. 💬 Will buyers defend the 0.1154 pivot or are we sweeping lower range lows next? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
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#COW #ShortSetup #PriceAction #Trading #Crypto 🎯 🦈