$COOKIE SHOWING SIGNS OF LIFE – IS A RETEST COMING?
COOKIE/USDT is trading at $0.2665, up +20.37% on the day. After hitting a high of $0.2962, the price has pulled back and is now hovering just above key support with decent volume at 610.41K. The consolidation range could lead to either a bullish reversal or deeper retracement.
Key Levels to Watch
• Resistance: $0.2705 – A confirmed break above this could send COOKIE to $0.2840 and $0.2960.
• Support: $0.2640 – If broken, the price may slide to $0.2525 and $0.2430.
Trade Setup – Eyeing the Break
Bullish Entry: A 15-min close above $0.2705 could target:
• TP1: $0.2840
• TP2: $0.2960
Bearish Entry: A break below $0.2640 may trigger:
• TP1: $0.2525
• TP2: $0.2430
Stop-Loss:
• Longs: Below $0.2630
• Shorts: Above $0.2720