$COOKIE /USDC BEARISH BREAKDOWN – SELLERS IN CONTROL 🍪🔻
📍 Current Price: $0.1697
📊 Market Direction: Bearish Rejection From Resistance
🔍 KEY LEVELS
🔼 Resistance:
$0.1712 – Immediate Resistance
$0.1768 – Major Resistance
$0.1852 – 24h High
🔽 Support:
$0.1670 – Local Support
$0.1600 – Key Demand Zone
COOKIE is facing strong selling pressure below the $0.1712 resistance. Lower highs are forming and indicators like MACD are tilting bearish, signaling further downside if support cracks.
🔻 TRADE SETUP – SHORT POSITION
🔴 Entry Zone: $0.1695 – $0.1710
🎯 Targets:
TP1: $0.1670
TP2: $0.1625
TP3: $0.1600
🛑 Stop Loss: $0.1735 (above resistance)
📉 Confirmation: Break below $0.1670 with rising sell volume
🛡️ RISK MANAGEMENT
⚠️ Use 1-2% risk per trade
🔁 Trail SL after TP1
🚫 Don’t chase entries near support – wait for breakdown
🔥 $COOKIE is melting under pressure – bears may take over below $0.1670! 🧨📉
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