$COOKIE USDT short tread signal 🛑 🚦
BEARISH BREAKDOWN – PREPARE FOR FURTHER DOWNSIDE
COOKIEUSDT has lost its key horizontal support near 0.1620, confirming bearish continuation as sellers dominate the intraday structure. The recent rejection from the 0.1700 resistance zone adds strong pressure, signalling potential for a sharp downward move.
🔴 Trade Setup (Short):
Entry Zone: 0.1600 – 0.1610
Take Profit Targets:
TP1: 0.1575
TP2: 0.1555
TP3: 0.1530
Stop Loss: 0.1640
📊 Market Outlook:
Momentum remains bearish on the 1h timeframe with lower highs and strong rejection candles. If price sustains below 0.1620, expect acceleration towards the 0.1530 zone as intraday traders push for fresh lows.
💡 Risk Management:
Use tight SL above structure to control losses and avoid overleveraging in low-volume conditions.
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buy and trade here on $COOKIE