🚀 Trade Setup: $COW /USDT (Long)
The price is currently hovering around 0.2109. It has recently bounced off the support near 0.2032 and is attempting to trend higher.
Entry Price: 0.2100 – 0.2110 (Current market price area)
Take Profit (TP1): 0.2125 (Recent local peak)
Take Profit (TP2): 0.2150 (Psychological resistance level)
Stop Loss (SL): 0.2045 (Just below the recent swing low to protect capital)
📉 Why this setup?
Trend: The 1-hour chart shows a series of higher lows, suggesting a short-term bullish momentum.
Indicator: The AVL (yellow line) is currently acting as dynamic support, and the price is trading slightly above it.
Risk Management: The Stop Loss is set below the 24h low (0.2051) to ensure you aren't wiped out by a small dip.
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