$COOKIE Showing Strong Rejection from Supply Zone
Price made a clear CHoCH after failing to hold above the 0.2920 supply zone, signaling potential downside. Bearish momentum confirmed as price breaks structure and heads lower.
Entry: 0.2875
Target: 0.2805 (blue demand zone)
Stop Loss: 0.2945 (above recent high)
Bias: Bearish unless price reclaims the supply zone with strong momentum.