$COOKIE /USDT LONG TRADE SIGNAL – Bulls Eyeing $0.15
Entry Price: $0.1343
Target 1: $0.1390
Target 2: $0.1440
Final Target: $0.1500
Stop Loss: Below $0.1280
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Trade Analysis:
The current price of $COOKIE is $0.1343, marking an impressive +14.30% price move today, with strong buying volume of 23.17M COOKIE. The bullish momentum is evident, as price action is consistently forming higher highs and higher lows.
Why Long?
Bulls are in control, with price advancing steadily. With confidence building among buyers, COOKIE is setting the stage for a potential rally towards the key psychological resistance at $0.15. The next short-term resistance levels are located at $0.1390 and $0.1440, which could act as hurdles before the price reaches the final target of $0.1500.
Stop-Loss Strategy:
To protect your position, place a stop-loss below the recent support level at $0.1280. This ensures that you limit potential losses should the market reverse unexpectedly.
Key Takeaway:
With momentum favoring the bulls, $COOKIE offers an attractive long setup. Watch for price action around intermediate resistance levels at $0.1390 and $0.1440. Always protect your capital by using a well-placed stop-loss.
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Trading Tip:
When entering a long position, consider scaling out at each resistance level (e.g., $0.1390 and $0.1440) to lock in profits as the price advances. This strategy allows you to minimize risk while maximizing potential gains.
Happy Trading!
Trade Responsibly.
