COW priceCOW

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$COW TARGETING 0.24+ $COW has shown a strong impulsive move after breaking above the previous consolidation range, and price is now trading firmly above the key horizontal level around 0.21. This breakout came with strong bullish candles, indicating aggressive buyer participation and a shift in market control. As long as price holds above this reclaimed level, the structure favors continuation rather than a deep pullback. The recent higher low formation also supports the idea that buyers are stepping in earlier on dips, which keeps the bullish momentum intact. From a long trade perspective, the zone around 0.21–0.205 acts as a healthy support area for continuation. If price respects this region and shows stability, upside expansion toward the next resistance near 0.23–0.24 remains likely. The move already looks extended short term, so patience on entries is important, but structurally the trend still supports higher prices as long as support is defended. On the flip side, if price fails to hold above 0.21 and starts closing back below this level, it could signal a false breakout and open the door for a corrective move toward the lower support around 0.19. That scenario would favor a short-term short, but only on clear weakness and acceptance below the breakout zone. Short Outlook: Bullish while above 0.21; loss of this level would weaken the structure and shift bias toward a pullback.