🔥 $COOKIE is pumping! With a +12.37% gain in the last 24h, momentum is strong. But is this the beginning of a bigger rally or a sign of overextension? Let’s break it down! 👇
🔍 Market Sentiment:
🟩 Bullish, But Overbought Signals!
COOKIE has seen explosive growth, but indicators suggest a possible cooldown before another move:
▫️ RSI(14): 70.24 → Overbought zone, possible correction ahead
▫️ SMA(50): $0.162 → Key support for potential dip-buying
▫️ Upper Bollinger Band: $0.182 → Breakout or rejection level
▫️ TD Sequential: 5 Up → Strong uptrend detected
💡 Key Takeaway?
If $COOKIE holds above $0.182, it could push toward $0.200+, but a pullback to $0.162 - $0.170 could offer a better entry.
🎯 Trading Idea:
Momentum Strategy
🟩 Potential Long Entry (Trend Continuation)
🔹 Buy Zone: $0.170 - $0.182 (On slight pullback near support)
🔹 Stop-Loss: $0.162 (Below SMA(50) for risk management)
🔹 Take Profit: $0.200 - $0.210 (Breakout target & resistance zone)
🔹 Risk-Reward Ratio: 1:3
✔️ Confirmation Before Entering:
▫️ RSI remains above 65 → Momentum intact
▫️ Volume increases on dips → Buyers stepping in
▫️ Break & close above $0.182 (upper Bollinger Band)
🟥 Potential Short Entry (Overbought Rejection)
🔹 Sell Zone: $0.195 - $0.200 (If price struggles to break higher)
🔹 Stop-Loss: $0.210 (Above resistance level)
🔹 Take Profit: $0.170 - $0.160 (Retest of SMA(50) & lower support)
🔹 Risk-Reward Ratio: 1:3
✔️ Confirmation Before Shorting:
▫️ Rejection from upper Bollinger Band ($0.182+)
▫️ Weak volume on breakout attempts
▫️ RSI struggling above 70
📊 Key Metrics
💰 Price: $0.190
⚖ H/L: $0.197 | $0.145
📈 1H Change: +1.48%
🌕 24H Change: +12.37%
🌕 7D Change: +11.32%
🌕 30D Change: +16.94%
⛰ ATH: $0.754 (-74.54%)
📊 24H Volume: $68.35M
💎 Market Cap: $68.62M
💡 Final Thoughts:
$COOKIE is in full momentum mode, but will it sustain the breakout or correct? A break above $0.182 could fuel another leg up, while failure to hold support may lead to a dip toward $0.162 - $0.170. 📢 Will $COOKIE keep climbing or cool off? Drop your thoughts below! 👇
🪧 VOTE NOW!
▫️ 🚀 LIKE if you’re BUYING THE BREAKOUT!
▫️ 📉 COMMENT “FAKEOUT” if you think it’s a bull trap!
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