$COW /USDC BEARISH REVERSAL SETUP – SHORT OPPORTUNITY
Market Structure:
COW/USDC is trading inside a broader corrective phase after a strong upside expansion. Price is facing rejection from a well-defined supply zone, indicating weakening bullish momentum. Failure to sustain above resistance suggests sellers are stepping in, increasing the probability of a pullback toward lower demand levels.
Technical Confluence:
Price rejected from key resistance zone
EMA and MA acting as overhead resistance
Bollinger Bands showing contraction after expansion, hinting at a retracement
Momentum indicators losing strength near the top
Volume declining on upside moves, signaling exhaustion
Trade Plan (SHORT):
Entry Zone: Near the resistance / supply area
Targets:
TP1: 0.2380 (minor demand)
TP2: 0.2320 (strong support zone)
TP3: 0.2250 (range low extension)
Stop Loss: Above the invalidation level at 0.2485
Market Expectation:
As long as price remains below the resistance zone, further downside toward lower support levels is expected. A breakdown below demand can accelerate bearish momentum.
Risk Management:
Limit risk to 1–2% per trade, avoid over-leverage, and trail stop loss once TP1 is secured to protect capital.