The CoW Protocol cryptocurrency is showing signs of a breakout as its price remains within the $0.60 to $0.69 range. Crypto analyst Ali Charts predicts a potential 48% price swing in either direction, making this an important moment for market players. The chart indicates a descending triangle pattern, suggesting an imminent breakout after weeks of sideways movement. The $0.60-$0.69 range is seen as a crucial support and resistance zone. Key Fibonacci retracement levels provide insight into potential targets, with $0.7794 as a possible resistance level and $0.60538 as a support level. If CoW Protocol breaks above $0.69, the next target could be $0.99967. However, if support at $0.60 is not maintained, the price could drop to $0.50382 or lower. The declining trading volume suggests the market is preparing for a significant move. Analysts believe that once the price moves outside the current range, volume could surge, and drive rapid price action. The prediction by Ali Charts has gained attention on social media, with mixed opinions on a bullish or bearish breakout. Traders are urged to focus on technical indicators rather than market speculation as the breakout nears. The market remains on edge as the question of whether CoW Protocol will rise above $0.69 or drop below $0.60 remains.



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