🚨 🔥🔥🔥
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💡 Quick technical analysis:
✅ Notable rise! The currency has risen from $0.1165 to $0.1912 within hours – an increase of over +64% – indicating strong momentum and significant speculative interest.
✅ Light correction and stability: the price is currently at $0.1812 after a natural correction – while maintaining the upward trend, indicating the market's absorption of the rise.
✅ RSI at 50 → completely neutral indicator, neither overbought nor oversold, allowing open space for any upcoming sudden movement.
✅ MACD at a convergence point! A crossover is coming that may trigger a strong buying wave.
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🚀 Expected Scenario:
If the level of $0.1912 (previous peak) is broken: we expect a rise towards $0.21 then $0.23.
In case of a pullback: the level of $0.162 - $0.165 represents strong support and a new entry opportunity before the next explosion.
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📊 Are we witnessing the formation of a bullish pattern?
✅ Bullish Flag pattern forming after strong rise – often a sign of a pause before a new jump.
✅ Active trading volumes, but they have started to calm down → It might be another accumulation phase before pushing the price up.
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🚨 Supporting signals from indicators:
RSI at a perfect balance → does not prevent continued rise.
MACD close to a positive crossover → strong signal to launch.
Stochastic K and D indicators are close at 63 → more momentum possible in the coming hours.
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💬 My personal opinion:
COOKIE has shown strong bullish behavior, and with its stability above $0.18, it is a candidate for a new upward round. Indicators support the possibility of continued rise if the previous peak is broken.
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✅ Final advice:
Use a flexible stop-loss below $0.155 for protection.
Do not enter with full capital – distribute the entry in phases.
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📢 Do you see COOKIE at the beginning of a journey to $0.25? Or is there a correction coming? Share your view!
