
Posteo
Marcus Corvinus
$COW has lost a major technical structure after breaking below the Inverse Cup and Handle formation.
This breakdown shifts market sentiment in favor of the bears and suggests that downside momentum could continue building over the coming sessions.
If sellers maintain control and the price stays below the breakdown level, the probability of an extended decline increases significantly. Any weak bounce may simply provide another opportunity for sellers to step back in.
The next few candles will be critical. Strong bearish continuation would confirm that this is more than just a temporary shakeout.
Keep $COW on your watchlist. The setup is active, and price action from here could become increasingly aggressive if bearish momentum continues to strengthen.

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