$COOKIE Market Trend: Bullish, Consolidating After Gains
Trade Signal
Entry 1: $0.1600 (Current zone - for continuation if it holds)
Entry 2: $0.1580 (Buy on pullback towards the middle band)
TP1: $0.1620
TP2: $0.1630
TP3: $0.1640
TP4: $0.1650
Stop-Loss: $0.1410 (Below recent strong support)
Why This Trade?
COOKIE has shown a clear upward trend, consistently maintaining its price above the middle Bollinger Band. The bands have expanded upwards, indicating strong bullish momentum. The current slight consolidation is a healthy pause after recent gains, suggesting it might be preparing for another move higher.
Support & Resistance Levels
Support: $0.1580 • $0.1570 • $0.1560
Resistance: $0.1620 • $0.1630 • $0.1640
Market Update for COOKIE (COOKIE)
COOKIE is currently displaying positive momentum, with prices consolidating after a period of gains. Volume is moderate, indicating some continued buyer interest. The overall market sentiment for COOKIE is bullish, with traders anticipating further upward movement if current support levels hold.