$COOKIE /USDT 15M Analysis – Profit Booking After a 10% Rally
Current Price: $0.1293
24h Change: +10.23%
24h High: $0.1363
24h Low: $0.1166
COOKIE/USDT witnessed a solid bullish rally, spiking nearly 16% from its intraday low to a peak at $0.1363. However, the price quickly pulled back after hitting resistance, forming a strong bearish candle on high volume — a clear sign of profit-taking.
Key Technicals:
Resistance: $0.1360 - $0.1365 (price was rejected strongly here)
Support Zone: $0.1270 (previous low and MA support)
RSI (6): 32.71 – Leaning towards oversold, showing signs of exhaustion
MACD: Flatlining – indicating momentum weakness
Volume Surge on the last red candle suggests bearish pressure from sellers taking profit.
Conclusion:
While COOKIE had a great intraday pump, the rejection at $0.1363 and a swift drop back to $0.1290 shows the bulls are losing control. If $0.1270 fails to hold, we could revisit the $0.1230-$0.1250 area. Buyers should wait for confirmation of support before entering.
Trade here 👉 $COOKIE