🍪 $COOKIE /USDT – “Significant Pullback Into Key Support Zone — Prepare for Reversal” 📉⚡
$COOKIE is trading at $0.1814, down -17.24% in the last 24 hours. This sharp correction has brought price into a critical support range that has historically held buyers strong.
🔍 Technical Breakdown
Price fell from highs near $0.22 to test support between $0.178 – $0.185 — a key demand zone established in recent weeks.
RSI on 4H shows oversold conditions (<30), indicating potential exhaustion of selling pressure.
Volume increased on the selloff, signaling possible capitulation.
Look for bullish reversal candles and volume confirmation before entering.
Breakdown below $0.175 could open path for deeper correction.
🎯 Trade Setup – Precise Entry Zone
💰 Buy Zone: $0.178 – $0.185
(enter once bullish reversal signs appear)
🔒 Stop-Loss: Below $0.172
(invalidates setup if broken)
🎯 Target 1: $0.20
🎯 Target 2: $0.225
(previous resistance and profit-taking zones)
🧠 Trade Insight
Heavy pullbacks in niche tokens like $CO$COOKIE en present high-reward setups when support holds. Patience for confirmation is key.
Conclusion:
COOKIE is setting up for a possible bounce from strong support. Trade with discipline and follow Crypto Journey1 for the most actionable signals.