๐จ $COOKIE / COOKIEUSDT Analysis โ Key Highlights
#COOKIE #Altcoins #CryptoTrading
---
๐ฅ Price Action
Following a sharp drop from $0.36, $COOKIE is now consolidating above $0.22, grinding along the 200 EMA on lower timeframes (15m/1h).
No confirmed reversal yet, but short-term momentum is building. Eyes on price compression.
---
๐ Support & Resistance Levels
๐ป Major Support: $0.21, $0.18
๐บ Major Resistance: $0.24, $0.27, $0.36
---
โ ๏ธ Outlook
Bulls are fighting to reclaim $0.23, but the 200 EMA is still acting as resistance.
MACD and RSI curling upward on LTFs, signaling a potential short squeeze toward $0.24.
Lose $0.21? Flush risk to $0.18.
๐ Scalp long above $0.23 breakout
โ Fade any rejection at $0.24
No major divergences โ just play the levels. Stay nimble.
---
๐ง Pro Tip:
Watch for volume confirmation on breakouts. No volume = no follow-through. Let the chart do the talking.