$COOKIE Slipping into New Lows❗Bear Alert ⚠️ #COOKIE is tasting bitter today down -6.95%, currently trading at $0.1820, brushing its 24H low of $0.1805 🚨🔻
After peaking at $0.2658, it's been in a clear downtrend – forming lower highs and lower lows on the 4H chart 📉
What the Chart Shows:
📉 Strong bearish momentum, with weak bounce attempts.
⚠️ Price consolidating near critical support at $0.1805.
🔄 Volume shows selling dominance – bulls struggling to take control.
A breakdown below $0.1805 could trigger a sharp drop to $0.1750 or even $0.1600.
🔻 Short Setup Idea (Trend Following)
Entry: On breakdown below $0.1805
SL: Above resistance at $0.1850
TP1: $0.1750
TP2: $0.1650
TP3: $0.1600