🚨 COOKIE/USDT: Cookie DAO is in a strong downtrend – Watch for potential reversal! 🚨
$COOKIE has decreased -11.63%, from $0.5968 to $0.5274 in the past 24 hours. This sharp decline may create a buying opportunity if the market shows signs of recovery.
🔑 Target 1: $0.5500 (+4.30%)
🔑 Target 2: $0.6000 (+13.74%)
🔻 Stop loss: $0.5000 (-5.19%)
💡 Action plan:
If $0.5200 holds as a support level, a bounce towards $0.5500 or even $0.6000 is possible. Set your stop loss at $0.5000 to manage risk effectively and minimize losses.
🔥 Conclusion:
Cookie DAO is currently in a downtrend, but has strong growth potential if market conditions reverse. Watch for signs of recovery around the $0.5200 level.
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