【$COW Signal】Pullback to Long + Strong Consolidation After Massive Breakout

$COW 1H timeframe is currently in a high-level consolidation phase after a massive rally. An epic bullish candle on the 4H chart (over 20% increase) has directly reversed the trend. The current price is oscillating near the top of the massive candle, indicating a strong consolidation. Although the 1H RSI is high (95.58), this is normal for strong assets; the key is whether the price can hold the breakout level. Negative funding rate (-1.108%) combined with high volume suggests that the bears are being squeezed, fueling the subsequent rally.

🎯Direction: Long (Long)

🎯Entry/Order: 0.2480 - 0.2505 (Reason: The top support zone of the massive 4H candle body, also the lower boundary of the current consolidation range )

🛑Stop Loss: 0.2420 (Reason: Falling below the midpoint of the massive 4H candle and EMA20_4H strong support indicates failed consolidation )

🚀Target 1: 0.2615 (Reason: Breaks previous high, tests 1H resistance )

🚀Target 2: 0.2750 (Reason: Based on breakout structure, 1.618 Fibonacci extension level )

🛡️Trade Management:

- Position Size: Light (Reason: Intraday volatility is extremely high, ATR reaches 0.0103, strict risk control needed )

- Execution Strategy: After entry, if the price quickly rises to 0.2615 (Target 1), reduce position by 50%, and move the remaining stop loss to the entry price. If the price consolidates in the support zone for more than 4 1H candles without breaking higher, consider closing the position.

Deep Logic: This is a typical capital-driven breakout. The volume on the 4H chart surged by a hundred times, a clear signal of main force entering, definitely not retail behavior. Despite the 1H RSI being severely overbought, in hot coin short squeeze scenarios, overbought can become more overbought. Open interest remains stable, and the price is holding firm, indicating bulls' positions are not being shaken out. The order book shows heavy buy orders in the 0.2500-0.2510 range (accumulating over 200,000 USDT), forming a strong immediate support. The core strategy is to play the inertia of the massive bullish candle, using a pullback to the support zone for low-risk sniper entries.

Trade here 👇 $COW

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