$COOKIE / USDT – Testing Resistance Again After Recovery🌊🧐
$COOKIE is currently trading at $0.1986, showing a recovery after a slight dip and is now re-testing the resistance level around $0.2000. The previous high of $0.2089 remains a key level to overcome for further bullish momentum.
Trade Setup (Second Attempt at Resistance):
Potential Support Zone: $0.1950 - $0.1970
Key Resistance: $0.2000 - $0.2020 (immediate), $0.2080 - $0.2100 (higher)
Bullish Scenario (Updated):
Entry (Long): Break above $0.2020 with significant volume (confirmation is key after the previous rejection)
Target 1: $0.2050
Target 2: $0.2090
Target 3: $0.2120+
Stop Loss (Long): Below $0.1930 (consider tightening if already in a position)
Bearish Scenario (Updated):
Entry (Short): Rejection at $0.2000 - $0.2020 with increasing selling volume, break below $0.1950
Target 1: $0.1920
Target 2: $0.1890
Stop Loss (Short): Above $0.2030
COOKIE/USDT is making another attempt to break through the $0.2000 resistance area. This second test increases the significance of a potential breakout. Monitor volume closely for confirmation. If resistance holds again, a sharper pullback could be expected.
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