šØ $COOKIE /USDT ā Trade Setup & Market Insight šØ
Current Price: $0.1427
24h Change: -6.61% š
24h High / Low: $0.1536 / $0.1384
Volume Surge: Over 25M COOKIE traded ā rising liquidity, big moves ahead!
š Market Analysis:
COOKIE just dipped from its local high of $0.1536 and is now hovering near support at $0.1384.
Sharp volume spike suggests active accumulation by traders at lower levels.
The price action is forming a descending wedge, often a bullish reversal pattern.
RSI and MACD are oversold on the 4H chart ā bounce potential increasing.
š„ Trading Plan (LONG Setup):
Entry Zone: $0.1400 ā $0.1430
Stop Loss: Below $0.1350
Target 1 (TP1): $0.1490
Target 2 (TP2): $0.1545
Target 3 (TP3): $0.1590
š Strategy Insight: This is a high-risk/high-reward scalping zone ā ideal for short-term traders looking for a reversal bounce. Watch closely for a breakout above $0.1490 to confirm momentum. If volume stays strong, COOKIE could reclaim $0.15+ fast.
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