$COOKIE – Breakout or Fakeout?
$COOKIE has seen a strong 12% pump today, currently trading at $0.2151 after hitting a 24H high of $0.2273. However, short-term consolidation is forming near resistance, suggesting a decisive move is coming!
Key Levels:
Support: $0.2100 & $0.1790 (24H low)
Resistance: $0.2200 & $0.2273 (24H high)
Bullish Scenario: If COOKIE breaks above $0.2200, it could retest the recent high and push towards $0.2300+. Strong volume could confirm a breakout.
Bearish Scenario: Failure to hold $0.2100 may lead to a retest of lower supports, with $0.1900 as a key zone to watch.
🔥 Trend Watch: Buyers are still in control, but a breakout confirmation is needed for further upside! Will COOKIE continue the rally or take a breather?