COOKIEUSDT is currently trading at $0.1816, showing a strong 25.41% increase in the past 24 hours. The price has rallied from a low of $0.1438 to a high of $0.1906, indicating solid upward momentum. Technically, the price remains above all the key moving averages: the 7-period MA ($0.1785), 25-period MA ($0.1666), and 99-period MA ($0.1403), signaling a sustained bullish trend. The recent pullback after hitting the local top at $0.1906 appears to be a minor correction, with price now consolidating above the short-term MA line.
The trading volume surged sharply during the initial breakout but has started to decline slightly in the last few candles, suggesting a cooling in momentum. The RSI (6) stands at 64.37, still below the overbought level of 70, indicating that there may be room for further upward movement before facing significant resistance.
If COOKIEUSDT manages to reclaim the $0.1906 high, it could target the $0.20 psychological resistance. However, failure to break above this could trigger a retest of the $0.1695–$0.1720 support zone, where the 7-period and 25-period MAs converge. Overall, the setup remains bullish, supported by healthy moving averages and mid-range RSI, but traders should monitor volume and resistance levels closely for further confirmation.
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