$COW Faces Strong Resistance โ Short Setup Active ๐
$COW is showing signs of weakness after forming a potential Double Top (M Pattern) near the 0.1534 resistance zone. Buyers attempted multiple breakouts but failed to hold above resistance, increasing the chances of a short-term pullback.
๐ป Short Entry: 0.1510 โ 0.1523
๐ Stop Loss: 0.1562
๐ฏ Targets:
โข TP1: 0.1494
โข TP2: 0.1480
โข TP3: 0.1460
โข TP4: 0.1447
โข TP5: 0.1429
A rejection from current levels could trigger a move toward lower liquidity zones. Risk management remains key if volatility increases.