$COOKIE /USDT – BEARS TIGHTEN GRIP, MORE DOWNSIDE POSSIBLE! ⚠️
$COOKIE has been under continuous selling pressure, sliding from 0.1417 down to a fresh low of 0.1292 before attempting a weak bounce back to 0.1304. The shallow recovery and rising red volume suggest that sellers remain in control while buyers are struggling to defend support.
If COOKIE loses 0.1290, the next downside move could target the 0.1260 – 0.1240 demand zone. Any attempt to bounce is likely to face resistance around 0.1330 – 0.1368, where selling pressure remains heavy.
Bearish Trade Setup
🔹 Entry: 0.1300 – 0.1315
🎯 Target 1: 0.1290
🎯 Target 2: 0.1260
🎯 Target 3: 0.1240
🛡 Stop Loss: Above 0.1345
📉 Outlook: With momentum firmly favoring sellers and volume confirming distribution, COOKIE risks another drop if support breaks. Caution is advised for long entries.
