COW is trading around $0.2676, holding a critical short-term support zone after recent volatility.
As long as buyers defend this area, the structure suggests a potential continuation toward higher resistance levels.
A breakout above the first resistance could attract momentum traders and trigger a stronger upside move. However, losing the major support may shift sentiment bearish in the short term.
📊 Supports:
🔹 $0.24 — key demand zone
🔹 $0.21 — strong structural support
🚧 Resistances:
🔸 $0.30 — breakout level
🔸 $0.36 — momentum resistance
🔸 $0.45 — major supply zone
Smart traders watch reactions at support before positioning for expansion.