$COOKIE Showing Strong Reversal Momentum on Daily, Needs $0.187 Resistance Break for Continuation! 🚀📈
On the daily timeframe, $COOKIE is currently trading at $0.1639, marking a significant climb of +7.26%! The 24h high is $0.1654, with a healthy trading volume of 27.33M COOKIE and 4.30M USDT. The chart shows strong reversal momentum on the daily, but breaking the $0.187 resistance is crucial for further upward movement.
✅ Key Observation:
#COOKIE is exhibiting strong bullish reversal momentum on the daily chart, but needs to break above the $0.187 resistance for continuation.
Next Potential targets (if resistance breaks):
🎯 $0.187 (immediate resistance to break)
🎯 $0.200 (potential next psychological resistance)
🎯 $0.2492 (significant resistance level)
🎯 $0.300+ (higher potential target if reversal gains strong traction)
**Important: Watch closely for a break above the $0.187 resistance level for confirmation of continued upward movement. Consider setting staggered take-profit orders at the target levels.**
🛡️Important Support Level (to watch for potential pullback):
🛡️ $0.1547 (potential near-term support level)
🛑 Stop Loss:
Consider setting a stop loss below the $0.1547 support level to protect gains if the reversal stalls.
Buy and trade here on $COOKIE
