💡 Quick technical analysis:
✅ Strong price! The price has risen significantly by +22.11% to reach 0.1767, indicating strong buying interest in the market.
✅ Relative Strength Index (RSI): at 63.83, indicating that the market has not yet reached the overbought territory, thus there is still room for further upward movement.
✅ MACD: shows a positive crossover which enhances the likelihood of the upward trend continuing in the upcoming period.
✅ Trading volume: strong trading volume indicates notable activity in the market, which is positive in enhancing the continuation of the upward movement.
🚀 Expected scenario:
If COOKIE can break through the current resistance area at 0.1912, we may witness a new upward movement towards 0.20+. If the price retreats slightly, support is expected around 0.1742.
🔥 Is COOKIE ready to explode?
Given the positive movement in the indicators, there is a high likelihood of increased upward movement, especially if it maintains its strength in the coming days. Are you ready to take advantage of this opportunity? 🚀
📢 Share your opinion! Do you expect COOKIE to continue rising above 0.1912? Or will we see a sharp decline soon? Share your predictions!
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📊 Technical pattern analysis - Are we witnessing the formation of an explosive pattern?!
🔍 Potential technical pattern:
✅ Strong upward pattern: With the current price increase, there may be the beginning of an "upward price" pattern that will enhance further gains if the breakout above resistance levels continues. ✅ Ascending triangle pattern? The price is moving near significant resistance at 0.1912 with gradually higher support, which may indicate an imminent breakout for further upward movement.
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🚨 Supporting signals from the indicators:
RSI at good levels - has not entered the overbought territory yet.
Positive MACD - indicating strength in the upward momentum.
Stable trading volume - gives the impression that there is active accumulation before the next big move.
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🎯 Upcoming movement predictions:
If the price continues to move above the main support levels, there is a strong chance for further increases towards 0.20+, while any retreat should be monitored in case the price fails to break through the fixed resistance.
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💬 My personal opinion:
COOKIE is showing positive momentum at the moment. The upward trend seems strong with indicators supporting this scenario, but caution should be exercised regarding any potential fluctuations. I believe there is an opportunity to benefit from the upcoming rise, while monitoring resistance at 0.1912.
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✅ Final advice:
Watch for a breakout of resistance or a potential retreat, and use a stop loss around 0.1742 to ensure the protection of your profits in case of any correction.
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📢 Do you expect COOKIE to continue rising? Or will the market see a correction soon? Share your opinion!
