📈 Analysis and forecast for $COOKIE : what’s next? 🚀
As of June 2, 2025, 18:57 EEST, the price of $COOKIE on Binance is $0.2447, with a 9% increase over the last 24 hours. The trading volume for the day has risen to $44.5M, with a market capitalization of about $125M and a circulating supply of 515M tokens (according to market data). The increase is associated with interest in the Cookie DAO ecosystem following the launch of Cookie Snaps and activity in Web3.
Technically, $COOKIE is showing bullish momentum. On the 4-hour chart, the price broke through $0.23, but the RSI (88) indicates overbought conditions, suggesting a possible correction. Resistance is $0.25, support is $0.21. A breakout at $0.25 could open the way to $0.30, while a drop below $0.21 would strengthen the bearish trend. Posts on X highlight a 'bull flag' but warn of weak volumes.
Forecast: by mid-June, COOKIE could reach $0.30–$0.35 if interest is maintained, but CoinCodex predicts a decline of 23% in the coming week (to $0.19). By the end of 2025, growth to $0.50–$0.60 is possible (according to CoinGabbar), if the project enhances utility. The long-term target for 2026 is $1.00+, provided the ecosystem grows (Botsfolio). However, high volatility and sell-offs after the airdrop are risks.
Future prospects? Price $0.2447 is close to resistance $0.25. A 9% increase over the day is a positive signal, but take profits at $0.30. Set a stop-loss at $0.21. On X, traders are waiting for a breakout at $0.25, but advise monitoring volumes and corrections. Given the overbought condition and instability, trade with caution! #COOKIE #Binance #CryptoAnalysis