📈 Analysis and forecast for $COOKIE on Binance: time to enter? 📉
As of June 12, 2025, 20:42 EEST, the price of $COOKIE on Binance is $0.2158, down 16.97% in the last 24 hours. Trading volume remains high, reflecting interest in the token associated with the InfoFi network Cookiedao. The decline may be related to a correction after recent hype or profit-taking.
Technically, $COOKIE shows signs of weakening bullish momentum. On the 4-hour chart, the 50-day SMA has crossed below the 200-day SMA, signaling a bearish trend. RSI (14) at 35 is close to the oversold zone, and MACD indicates bearish pressure. Key resistance is at $0.23, a breakout of which could restore growth. Support is at $0.20, below which is $0.18.
Forecast: In the coming days, COOKIE may consolidate in the range of $0.20–$0.23, with a chance of bouncing back to $0.25 by the end of June with a recovery in volume. By July 2025, a rise to $0.30 is possible if the project confirms fundamental drivers. The long-term outlook for 2026 is $0.50+, provided the ecosystem grows. Fundamentally, $COOKIE benefits from AI integration, but risks include high volatility and competition.
Is it time to enter? The current price of $0.2158 is close to the support at $0.20, which could be a buying zone upon confirmation of a rebound. It is recommended to enter at $0.20 with a target of $0.25 and a stop-loss at $0.19. Posts on X reflect mixed sentiments: some traders see growth potential after the correction, while others predict further decline to $0.18. Stay tuned for news!
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