$COOKIE /USDT. Here's a short-term trade setup based on this momentum spike and moving average levels:
COOKIE/USDT – Short-Term Trade Setup (Momentum Play)
Current Price: $0.1712
24h Range: Low: $0.1311 | High: $0.1788
MA60: $0.1713 (currently just below or at price — neutral/bullish)
Volume: High – 102M COOKIE, $16M USDT — indicates strong interest.
Strategy: Momentum Re-Test & Breakout
1. Entry Zones:
Aggressive Entry: $0.1680–$0.1710 (buy the dip into support with tight SL)
Conservative Entry: Wait for a 15m–1h candle close above $0.1750 (confirmation of continuation)
2. Stop-Loss:
Below $0.1640 (recent breakout base, below VWAP and MA support)
3. Targets:
Target 1: $0.1788 (retest high)
Target 2: $0.1850–$0.1900 (if breakout continues on volume)
Target 3 (Stretch): $0.20 psychological zone
4. Risk Notes:
Avoid chasing above $0.1788 unless breakout candle has strong volume (>2x 15m average)
RSI likely extended — watch for bearish divergence if price rises but volume weakens
This is a fast-moving meme/AI token with breakout characteristics — good for momentum scalps but risky for holding without volume continuation.
Do you want a grid strategy, or would you like me to help monitor this pair live during trading hours?
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