๐ฅ **COOKIE/USDT Analysis: A Sweet Opportunity or a Crumbling Move?** ๐ช
Currently trading at **$0.5344**, COOKIE has dropped **9.50%** in the last 24 hours, showing bearish momentum. However, the price is hovering near key levels that could define the next big move.
๐ **Support**: $0.5080 โ This crucial floor has triggered a bounce before. Can bulls hold it again?
๐ **Resistance**: $0.5525 (MA99) โ The battle for a breakout begins here, with $0.5490 as a secondary hurdle.
๐ก **Entry Strategy**:
- **For Bulls**: Watch for a breakout above $0.5525 to ride the wave toward $0.58-$0.60.
- **For Bears**: A short near $0.5490-$0.5525 with a target of $0.5080 offers high-risk rewards.
The recent rebound from $0.5082 suggests bulls are waking up, but long-term resistance remains unbroken. With a **24-hour volume of 49M COOKIE**, a breakout could be on the horizon.
Will COOKIE crumble further or rise to sweet new heights? Keep your eyes peeled! ๐