$COOKIE showing signs of strength after breaking above $0.2420 resistance
š Now at $0.2526 ā up +18.37% daily, momentum building as bulls reclaim key levels
š„ 24h Vol: 52.00M COOKIE | Eyes on reclaiming $0.2670 and targeting $0.30
Technical Analysis:
Clean breakout above recent resistance at $0.2420 with strong volume surge
Higher lows pattern confirmed after bounce from $0.2036
RSI and oscillators indicate bullish momentum; ADX(14) at 48.19 signals trend strength4
Previous resistance at $0.2420 now acting as support; next major resistance at $0.2670 and $0.3015
Pullback occurred on declining volume, suggesting a healthy correction within a broader uptrend5
Targets:
šÆ Short-term: $0.2670 (~5.7% upside)
šÆ Medium-term: $0.30 (~18.7% upside)
šÆ Stop-loss: Below $0.2420 (~4.2% downside)
Risk Assessment:
Strong bullish momentum but watch for profit-taking at resistance
Sustained volume above $0.2420 needed for further upside5
Market structure remains bullish with higher highs and higher lows
Volatility remains elevated; 24h range $0.2125ā$0.25271
DYOR (Do Your Own Research)
Ready for the next pump? DYOR