$COW — Rising Channel Breakdown 📉
Price has lost the rising channel structure and is showing clear weakness after rejection. Momentum is shifting bearish, and rallies into supply are getting sold. As long as price remains below the broken channel, downside continuation is favored.
🔥 Trading breakout pullbacks and momentum expansions?
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🔻 Short bias remains active below resistance.
Trade from here 👇
COWUSDT
Perp
0.2052
-7.40%
USDC
1.0006
+0.02%
BNB
616.33
-2.26%
📊 Trade Setup
🔴 Entry Zone: 0.205 – 0.215
🛑 Stop Loss: 0.228
🎯 TP1: 0.190
🎯 TP2: 0.175
🎯 TP3: 0.160
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