Is $COW at $0.1162 finally ready to squeeze these shorts, or is this just the next leg down? 👀
Down 21.17% today, with $3.33M volume and the last 4h shedding 14.1%. That 3x 20d volume isn't quiet selling. RSI is 45, price sits below both the 20d and 50d MAs, while funding is -0.103%. Shorts are paying to stay crowded.
I’m watching $0.10. If it gets there, I want a clean reclaim, not a blind bounce. $BTC strength alone won't fix this chart.
Does $COW reclaim $0.10, or do shorts get rewarded here? 🐄
#COW #CryptoNews #Web3
Down 21.17% today, with $3.33M volume and the last 4h shedding 14.1%. That 3x 20d volume isn't quiet selling. RSI is 45, price sits below both the 20d and 50d MAs, while funding is -0.103%. Shorts are paying to stay crowded.
I’m watching $0.10. If it gets there, I want a clean reclaim, not a blind bounce. $BTC strength alone won't fix this chart.
Does $COW reclaim $0.10, or do shorts get rewarded here? 🐄
#COW #CryptoNews #Web3