$COOKIE SHOWING RESISTANCE – WILL BULLS RETAKE $0.2900?
$COOKIE/USDT is trading at $0.2817, still up +5.35% for the day, though facing rejection from the $0.2860 zone. Price is consolidating below key resistance after a volatile move.
Key Levels:
• Resistance: $0.2860 – $0.2950
• Support: $0.2800 – $0.2730
Trade Setup:
• Bullish Scenario:
• Entry: Above $0.2860
• TP1: $0.2950
• TP2: $0.3030
• Final Target: $0.3125
• SL: Below $0.2800
• Bearish Scenario:
• Entry: Below $0.2800
• TP1: $0.2730
• TP2: $0.2660
• SL: Above $0.2860
$COOKIE is at a critical mid-range point. If buyers can break above $0.2860, momentum could drive another leg up. Otherwise, watch for signs of further correction.