$COOKIE coin soared in a single day: the ecological explosion and speculative carnival of Web3 marketing tokens
As an innovative token in the Web3 marketing field, the surge of COOKIE coin reflects both the phased results of ecological implementation and the risks of short-term capital speculation.
Current price: $0.2313, the price breaks through the key resistance level of $0.2, the MACD indicator forms a golden cross, and the short-term upward momentum is strong. The RSI indicator is over 80, entering the overbought zone, beware of the risk of callback.
The current price has increased by more than 56% from the low point on May 18, and some funds may take profits and leave the market.
The surge of COOKIE is the product of Web3 marketing ecosystem implementation + short-term capital speculation, but high volatility makes it a "brave man's game".
If it can stand firmly at the $0.2 support level, it may further challenge $0.3, which is suitable for aggressive investors to play with light positions, otherwise it may be a "flash in the pan".
The "dark horse" in the currency circle is often accompanied by high risks. COOKIE's circulating market value is only 213 million US dollars, which is easily manipulated by large funds. Beware of the "project party pulling the market to ship" routine to avoid becoming a "taker".
If someone is confused by market fluctuations and doesn't know how to deal with being trapped, welcome to come and communicate!
