$COOKIE /USDC – CONSOLIDATING ABOVE EMA(99) WITH BOUNCE POTENTIAL
MULTIPLE REJECTIONS AT $0.1788 SHOW STRONG SUPPORT
BREAK ABOVE $0.1815 COULD REIGNITE UPSIDE
$COOKIE is holding firm above the 99 EMA ($0.1765), showing signs of base formation after pulling back from the $0.1895 high. With the price stabilizing and bouncing off $0.1788, a breakout above the 25 EMA ($0.1813) could trigger the next bullish leg.
🟢 Long Setup
Entry: $0.1795 – $0.1815
Take Profit: $0.1875
Stop Loss: $0.1760
Market Outlook:
If $COOKIE clears the 25 EMA with volume, expect momentum to return quickly. The 99 EMA remains solid support for now.
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