The chart for COOKIE/USDT on a daily timeframe shows the price at $0.2483, up 15.33% in the last 24 hours. The price recently spiked to a 24-hour high of 0.2671 before pulling back, with a low of 0.2134. Bollinger Bands (20, 2) indicate an upper band at 0.2567, a middle band at 0.2292, and a lower band at 0.2018. The price is above the 5-day (0.238) and 10-day (0.219) moving averages, signaling short-term bullish momentum.
However, the price is near the upper Bollinger Band, which often suggests overbought conditions, and the recent spike followed by a pullback indicates potential profit-taking. Volume is high at 74.883M COOKIE and 18.69M USDT, supporting the recent move, but the 7-day performance (-17.39%) shows volatility.
**Upcoming Trend Prediction**: The price may face a short-term correction or consolidation toward the middle Bollinger Band (around 0.2292) due to overbought conditions. If it holds above this level, the bullish trend could continue toward 0.2671 or higher. A break below 0.2292 might lead to a deeper pullback toward 0.2018. Monitor volume and price action for confirmation.
