The $COOKIE/USDT pair has experienced a significant rally recently, capturing the attention of traders and investors.
Cookie DAO (COOKIE)
$0.16
+$0.03(+21.34%)Today
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Currently, COOKIE is trading at approximately $0.1624, reflecting a substantial increase over the past 24 hours. The 24-hour trading volume has surged to over $56 million, indicating heightened market activity and investor interest. CoinCodex+1TradingView+1Bitget+1CoinMarketCap+1
Earlier, COOKIE reached a peak of $0.3089 before encountering resistance, leading to a price correction. Analysts suggest that if COOKIE maintains support above $0.240, there could be potential for a rebound towards the $0.260–$0.280 range. However, a drop below $0.240 might signal a deeper correction, possibly down to $0.200 or lower. Binance+1Binance+1
From a technical standpoint, COOKIE's Relative Strength Index (RSI) is cooling off, and trading volume has decreased, suggesting that the initial rally may be transitioning into a consolidation phase. Traders are advised to monitor key support and resistance levels closely to gauge future price movements.
If you require further details on technical indicators or wish to explore potential trading strategies for COOKIE, feel free to ask!
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