🚀 Analysis and forecast for $COOKIE : is it time to exit? 📈
As of May 21, 2025, 08:10 EEST, the rate $COOKIE on Binance is $0.18, with a 15% increase over the last 24 hours. The trading volume for the day has risen to $361.16K, and the market capitalization has reached $38.48K, reflecting a surge of interest in this InfoFi token after the recent listing. The growth may be related to the excitement around competitors Kaito and positive sentiments on X.
Technically, $COOKIE it looks bullish. A bullish pennant has formed on the 4-hour chart, indicating a strong upward trend, with a breakout of resistance at $0.16. The RSI (14) at level 70 is close to overbought, signaling a possible correction. Key levels: support — $0.14, resistance — $0.20. A breakout above $0.20 could raise the price to $0.25, but a drop below $0.14 would increase pressure to $0.10.
Forecast: in the short term (until the end of May) COOKIE could reach $0.22–$0.25 if the current momentum is maintained. However, by July 2025, a correction to $0.14 is possible due to overbought conditions. The long-term target for 2026 is $0.80 if the project continues to develop in the InfoFi segment.
Is it time to exit? After a 15% increase and a current price of $0.18, taking some profits seems reasonable, especially considering the RSI. Set a stop-loss at $0.17 for protection. For long-term investors, holding with a target of $0.20–$0.22 is justified, but monitor volumes and news. Activity on Binance and sentiments on X currently support a bullish scenario, but the market is volatile! #COOKIE #Binance #CryptoAnalysis
