$COOKIE / USDT ā Baking Up Gains! Fresh Highs in Sight? šŖš
$COOKIE / USDT is currently trading at a sweet $0.1560 on Binance, showing a significant surge of over 27%! Let's see if this treat can rise even further.
Key Observations:
* Strong upward momentum with large green candles on the 4-hour chart.
* Broke through previous resistance levels with conviction.
* Approaching the 24-hour high of $0.1585.
Potential Scenarios:
* Continued Ascent: If the buying pressure remains strong, we could see COOKIE push towards and potentially break the $0.1585 high, aiming for new peaks.
* Short-Term Pullback: After such a rapid increase, a temporary pullback or consolidation is possible as traders take profits.
* New Support Established: Previous resistance levels could now act as potential support.
Keep an Eye On:
* Trading volume to confirm the strength of the uptrend.
* Overall market sentiment and the performance of other AI-related tokens.
* Potential resistance levels beyond the current high.
Remember to always trade responsibly and conduct your own thorough research before making any moves. Don't get burned by FOMO!
