$COOKIE /USDT BEARISH SETUP – BREAKING SUPPORT WITH DOWNSIDE RISK AHEAD 🍪⚠️

📌 Current Price: $0.1631 (-8.16%)

📈 24H High: $0.1809

📉 24H Low: $0.1627

📊 Volume (COOKIE): 19.76M

💵 Volume (USDT): 3.40M

🤖 Category: AI Token

🔍 TECHNICAL OVERVIEW (4H + 1D Timeframes)

is showing clear signs of breakdown, trading near the 24H low at $0.1627, after rejecting sharply from the $0.1800–$0.1850 resistance zone. Momentum is bearish, and the price is currently testing a critical support zone. If this fails, a deeper drop toward $0.1500 or lower is possible.

🔑 KEY LEVELS TO WATCH:

Support Zones:

$0.1625 – Immediate support (24H low)

$0.1550 – Local demand zone

$0.1450 – Major swing low

Resistance Zones:

$0.1700 – First resistance on bounce

$0.1750 – Mid-range cap

$0.1800–$0.1850 – Breakdown origin & strong supply zone

⚔️ TRADE SETUP (SHORT):

🔽 Entry Zone: $0.1630 – $0.1650 (retest or clean breakdown)

🎯 TP1: $0.1550

🎯 TP2: $0.1450

🛑 SL: $0.1710 (above short-term resistance)

> 📉 Confirmation: Look for a 1H candle close below $0.1625 with increased volume to validate entry.

⚖️ RISK MANAGEMENT:

Risk only 2–3% of trading capital

Stick to Risk:Reward ≥ 1:2

Monitor volume for trap reversals or fakeouts

📈 SUMMARY:

$COOKIE is showing bearish structure, with price struggling to hold current support near $0.1625. A breakdown below this zone could lead to a swift drop toward $0.1550 and possibly $0.1450. Bulls need to reclaim $0.1700+ to shift momentum back upward.

🚨 Bearish bias active – breakdown close to confirming!

#BTCReclaims110K #BTCReclaims110K #REX-OSPREYSolanaETF #BTCReclaims110K #Write2Earn $COOKIE