Here's a trade setup analysis for $COOKIE /USDT (Cookie DAO) based on your data:
COOKIE/USDT Snapshot (as of 2025-05-13)
Current Price: $0.1705
24h Change: -16.34%
24h High: $0.2087
24h Low: $0.1665
Open: $0.1862
Close: $0.1705
24h Volume: 8.47M COOKIE / 44.85M USDT
MA(7): $0.1816
MA(25): $0.1524
MA(99): $0.1522
Amplitude: 13.16%
🔍 Technical Outlook
Cookie has seen a deep drop (-16%), and is close to the daily low.
Currently trading below MA(7) but above MA(25) – indicating potential short-term weakness but still supported mid-term.
High volatility, suggesting either capitulation or flush out.
Support is holding near $0.1665; failure here could lead to rapid drop.
✅ Potential Bounce Setup (Short-Term Reversal)
Scenario: Price consolidates above $0.167 and breaks back above $0.174
Entry: $0.170–$0.172
Stop Loss: $0.165
TP1: $0.180
TP2: $0.185 (open)
TP3: $0.191–$0.195
R/R Ratio: ~1:2.5–3
❌ Breakdown Setup
Scenario: Price breaks below $0.1665 support with volume
Entry: $0.1650–$0.1660
Stop Loss: $0.1715
TP1: $0.1580
TP2: $0.1525 (MA99)
TP3: $0.1400
R/R Ratio: ~1:2
📊 Key Levels
LevelRole$0.208724h High (Major R)$0.1816MA(7) – Resistance$0.1862Daily Open$0.1665Daily Low (Support)$0.1522MA(99) – Support
⚠️ Notes
Strong volume + fast drop = potential oversold bounce.
Don’t chase — wait for confirmation of support or strong reversal candle (e.g., hammer on 15m/1h).
Best for quick scalp-style entries unless confirmed reversal.
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