coaanalysis
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🚨 $COW BEARISH STRUCTURE CONFIRMED! SELLERS IN CONTROL! 🚨
That massive wick to $0.00520 was a textbook liquidity grab and it FAILED. Price is now grinding lower, stuck firmly below all major Moving Averages. Sellers are dominating the tape.
✅ Key Resistance Zone: $0.0029–$0.0030 rejection is brutal.
⬇️ Outlook is grim: Price below $0.0029 means downside pressure remains.
🛑 Critical Danger: A break below the $0.00242 base signals continuation to lower zones.
Structure repair only happens if $COW reclaims the MA(25) and MA(99) with serious volume. Until then, expect more downside risk. Liquidity is thin.
#COAAnalysis #CryptoBear #AltcoinDump 📉
That massive wick to $0.00520 was a textbook liquidity grab and it FAILED. Price is now grinding lower, stuck firmly below all major Moving Averages. Sellers are dominating the tape.
✅ Key Resistance Zone: $0.0029–$0.0030 rejection is brutal.
⬇️ Outlook is grim: Price below $0.0029 means downside pressure remains.
🛑 Critical Danger: A break below the $0.00242 base signals continuation to lower zones.
Structure repair only happens if $COW reclaims the MA(25) and MA(99) with serious volume. Until then, expect more downside risk. Liquidity is thin.
#COAAnalysis #CryptoBear #AltcoinDump 📉
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