๐ช ๐๐๐๐๐๐ ๐๐๐๐๐๐๐๐ ๐๐ ๐๐ โ ๐๐๐๐๐ ๐๐๐๐๐๐ $๐.๐๐๐๐ ๐๐๐๐
$COOKIE has surged +12% from $0.1530 lows to reclaim the 99 MA ($0.1730) โ a key breakout sign. With increasing volume and bullish structure forming on the 4H chart, bulls now eye resistance near $0.1950.
๐ Trade Setup โ Long Bias (4H Timeframe)
โ Entry Zone: $0.1750 โ $0.1785 (Confirmed breakout retest)
๐ Stop Loss: $0.1690
(Just below 25 MA and 99 MA โ invalidates momentum)
๐ฏ Target Levels
โข TP1: $0.1805
โข TP2: $0.1880
โข TP3: $0.1950
๐ Technical Highlights
โ Price reclaimed MA(7), MA(25), and MA(99)
๐ Volume rising steadily = strong market participation
๐ฏ Bullish engulfing candles confirm momentum
๐งฑ Resistance likely near $0.1851 and $0.1950 โ watch for rejection wicks
๐ Based on structure, overbought risk approaching on short-term
๐ Trade Tips
Wait for a clean candle close above $0.1785 to confirm strength
If price dips to $0.1730โ$0.1750 zone with low sell volume โ re-entry possible
Avoid chasing green candles without proper stop-loss โ meme volatility = quick reversals
๐ง Pro Reminder:
Cookie is moving fast โ always trail your stop as price approaches each target. Donโt let gains turn to losses in meme coin breakouts.