$COOKIE
Follow my friend Storm89! Keep Going 💥💥💥
Storm89
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Bullish
💭What is Cookie DAO?
Cookie DAO is a decentralized protocol that integrates artificial intelligence and web 3.0 data. It aims to provide innovative data solutions for developers, investors, and researchers.
Main product: Cookie.fun
A platform that offers APIs and live data dashboards for AI agents.
Uses: Access to data shared in airdrop farming and participation in governance via COOKIE tokens.
Integrated technical analysis.
Relative Strength Index (RSI)
Currently at a level of 62, indicating that the currency is not in an overbought or oversold area but in a neutral zone with a slight buying bias. This means there is a chance for an upward movement, but caution is needed for any sudden pullbacks.
MACD Indicator
MACD lines are beginning to show positive convergence, as the signal line is approaching the MACD line from below, which is considered a positive signal for the beginning of upward momentum.
(Moving Averages):
The price is currently above the 50-day moving average but has not yet surpassed the 200-day moving average. This indicates the beginning of a recovery phase or a medium-term upward trend if the price remains above the averages.
Trading Volume
Volume has been significantly increasing in recent days, supporting the scenario of continued upward movement or at least price stability at support levels.
Waiting for a breakout at 0.17 to enter with an increase in trading volume. However, if the breakout fails, the price may see a correction towards 0.15.
DYOR🚦
$COOKIE
Cookie DAO is a decentralized protocol that integrates artificial intelligence and web 3.0 data. It aims to provide innovative data solutions for developers, investors, and researchers.
Main product: Cookie.fun
A platform that offers APIs and live data dashboards for AI agents.
Uses: Access to data shared in airdrop farming and participation in governance via COOKIE tokens.
Integrated technical analysis.
Relative Strength Index (RSI)
Currently at a level of 62, indicating that the currency is not in an overbought or oversold area but in a neutral zone with a slight buying bias. This means there is a chance for an upward movement, but caution is needed for any sudden pullbacks.
MACD Indicator
MACD lines are beginning to show positive convergence, as the signal line is approaching the MACD line from below, which is considered a positive signal for the beginning of upward momentum.
(Moving Averages):
The price is currently above the 50-day moving average but has not yet surpassed the 200-day moving average. This indicates the beginning of a recovery phase or a medium-term upward trend if the price remains above the averages.
Trading Volume
Volume has been significantly increasing in recent days, supporting the scenario of continued upward movement or at least price stability at support levels.
Waiting for a breakout at 0.17 to enter with an increase in trading volume. However, if the breakout fails, the price may see a correction towards 0.15.
DYOR🚦
$COOKIE
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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