$COW — Breakout Retest Holding, Higher Lows Signaling Continuation
Long $COW
• Entry: 0.1910 – 0.1950
• Stop Loss: 0.1815
Targets:
• TP1: 0.2010
• TP2: 0.2140
• TP3: 0.2280
📊 Technical Overview:
$COW delivered a strong impulsive breakout and is now consolidating above the former resistance zone — a classic breakout-and-retest structure. On the 1H timeframe, price is printing consistent higher lows, confirming bullish order flow and sustained buyer presence.
Pullbacks remain shallow and controlled, showing that dips are being absorbed rather than aggressively sold. This type of price behavior typically precedes continuation moves, especially when consolidation forms above the breakout level instead of falling back inside the range.
The psychological 0.2000 level acts as a liquidity magnet. A confirmed break and hold above this zone could trigger momentum expansion toward 0.2140 and potentially the 0.2280 supply cluster.
⚠️ Risk Perspective:
A sustained breakdown below 0.1820 would invalidate the higher-low structure and signal potential false breakout.
As long as structure holds, the probability favors continuation over rejection.
Clean structure. Defined invalidation. Momentum building.
Will COW secure acceptance above 0.2000 — or shake out weak hands first? 📈
