COW/USDC is presenting a short-term bullish continuation setup.

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COW/USDC is presenting a short-term bullish continuation setup.CoW Protocol / USDCCOINBASE:COWUSDCCryptoSignalsChannelHello Traders, Today we are taking a technical look at COW/USDC on Coinbase Advanced Spot. πŸ”₯ Breakout Factors βœ… Volume Spike βœ… Bearish Skew βœ… Liquidity Pullback πŸ“Š Market Context MetricValue 24h Change-1.7% 24h Volume$373,755 πŸ“Œ Key Levels LevelPriceRole Primary Target$0.12551120 EMA50$0.1224Immediate Resistance Current Price$0.1216Reference Hull MA$0.1212Short-Term Support SMA10$0.1206Near-Term Support Entry Zone$0.1208–0.1218πŸ“₯ Entry Range 🧠 Technical Context CategoryStatus Overall Summaryβšͺ Neutral Short-Term MAs🟒 Bullish Medium/Long-Term MAsπŸ”΄ Resistance Overhead Momentum🟒 Positive MACD🟒 Bullish The setup is supported by strong signal confluence (5/7 methods, +41.9% imbalance, breakout confirmed). However, the broader technical picture remains mixed, with EMA50 at $0.1224 acting as the key near-term resistance. πŸš€ Bullish Path Entry Zone ($0.1208–0.1218) ↓ EMA50 ($0.1224) β€” Key Resistance ↓ 🎯 Target ($0.1255) β€” +3.90% ↓ Extended Target ($0.1312) β€” Higher Resistance 🎯 Final Trade Structure ParameterValue Bias🟒 Long Entry Zone$0.1208–0.1218 Target$0.1255 (+3.90%) Key Resistance$0.1224 (EMA50) Key Support$0.1206 (SMA10) πŸ“Œ Summary COW/USDC is presenting a short-term bullish continuation setup. βœ… Healthy -1.7% pullback The immediate technical challenge is clearing $0.1224 (EMA50). A volume-supported move above that level would strengthen the path toward $0.1255 (+3.90%).