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this is manipulation
Shafatullah269
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Bullish
what is this 🥹
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Analysis of COOKIE/USDT Chart 1. Price & Trend: Last Price: $0.1348 24h High: $0.1437 24h Low: $0.1333 Price is currently near the lower range of the 24-hour low, suggesting possible support. 2. Moving Averages: MA(7): $0.1370 (Short-term trend) MA(25): $0.1378 (Medium-term trend) MA(99): $0.1343 (Long-term trend) The price is below both the 7-period and 25-period moving averages, indicating a short-term bearish trend. The 99-period MA ($0.1343) is near the current price, acting as support. 3. Relative Strength Index (RSI): RSI(6): 30.89 (Near oversold zone) RSI close to 30 suggests that the asset might be oversold and due for a potential bounce. 4. Volume & Momentum: 24h Volume: 79.94M COOKIE, 11.02M USDT Recent selling pressure has pushed the price down, but the volume is moderate. Trading Strategy Given that the price is close to support at $0.1343 and RSI is near oversold levels, we may expect a short-term bounce. However, the overall trend remains bearish unless the price reclaims the 7MA and 25MA. Long Position (Higher Risk) Entry: $0.1345 - $0.1350 (Near support) Take Profit (TP): First TP: $0.1380 (Near 25MA) Second TP: $0.1400 (Psychological level) Stop Loss (SL): $0.1325 (Below support) Short Position (Safer Option in Downtrend) Entry: $0.1365 - $0.1375 (Near 7MA resistance) Take Profit (TP): First TP: $0.1340 (Retest of support) Second TP: $0.1325 (Deeper correction) Stop Loss (SL): $0.1390 (Above resistance) Recommendation If you want to go long, wait for confirmation of a bounce from support. A short position near $0.1370 - $0.1375 is safer if the price rejects that level. Watch for increased volume and RSI movement before entering.
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makemoney.pi
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best trade. thanks
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yes
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it's going the opposite way
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