$COOKIE /USDT – Bearish Consolidation Near Key Support!

Momentum Analysis:

COOKIE/USDT is currently consolidating below key resistance levels, with a strong rejection at $0.1941. The price has pulled back to test support at $0.1636, signaling a potential opportunity for a short trade if the breakdown continues.

Short Setup:

Entry Zone: $0.1636 - $0.1654

Target Levels:

T1: $0.1600

T2: $0.1550

T3: $0.1500

Stop Loss: Above $0.1700 (resistance zone)

Breakout Confirmation Level & Key Support:

Breakout Confirmation: $0.1636

Key Support: $0.1636

Pro Tip for Traders:

Be cautious of potential fake-outs around support levels. If the price fails to break below $0.1636, consider waiting for confirmation before entering any position.

Trading Data:

Price: $0.1654

24h Change: -10.69%

24h High: $0.1941

24h Low: $0.1636

Volume (COOKIE): 28.89M

Volume (USDT): 5.16M

Hashtags: #COOKIEUSDT #CryptoTrading #Bearish #SupportTest #ShortSetup