$COW /USDT SHORT

COW
COWUSDT
0.1836
-3.11%

Entry: Market Price ~$0.220

SL: $0.2266

TP: $0.2127 — $0.2069

Why this setup?

- The trade is based on a 1-hour timeframe setup, targeting a downward move from recent local resistance.

- The plan allows for an immediate entry at market price or a slight limit order up to $0.2199 to maximize the risk-to-reward ratio.

- The setup anticipates that the current price action will fail to break higher, leading to a slide toward the established profit targets at $0.2127 and $0.2069.

- The $0.2266 stop loss is strictly placed above the recent 1-hour highs to protect your capital if the bearish thesis is invalidated by a sudden bullish breakout.