Is it too late to enter
$COOKIE ? Here's a smart trading decision now.
#COOKIEUSDT has exploded upwards over the past 48 hours by more than 22 percent, but the most important question now is: Is it still an entry opportunity or is it time to exit?
$COOKIE Technical Analysis 12-Hour Interval
Current Price 03609
RSI at 888, overbought
Bollinger Band Price broke the upper limit of 03636 with a strong candle
MACD Bullish Momentum is at its peak with a slowdown beginning
$COOKIE Suggested Strategy
If you are in a trade between the 020 to 026 zones, now is a good time to partially or completely exit and take profits.
If you haven't entered yet, wait for a correction and don't enter now.
Safe Entry Areas: 0320 to 0305 Retest
Or After a green reversal candle from strong support
#COOKIE Decision Summary
Entering now is risky due to strong overbought conditions.
The best course of action is to wait for a technical correction and then enter calmly.
#COOKIE #Cookieiscooking