BOOM! $COOKIE Just Triggered a Short Liquidation Worth $2,047 at $0.1873!
Looks like the bears got cooked — and $COOKIE might just be heating up for a sweet breakout! The recent short liquidation at $0.1873 signals a potential trend reversal or short squeeze rally incoming.
Let’s break it down:
Technical Analysis & Trade Setup
Buy Zone:
$0.1810 – $0.1875
This is your high-conviction entry zone. Price is absorbing sell pressure and flipping short stops into fuel!
Short-Term Targets:
Target 1: $0.1980
Target 2: $0.2125
Target 3 (Blow-off Top): $0.2280
This is where FOMO could kick in — watch the volume and momentum indicators here.
Stop-Loss (Risk Management):
Hard SL: $0.1750
If price breaks this level with volume, it could revisit the lower demand zone.
Why This Matters:
Short liquidation = sellers forced to buy = upward pressure.
Volume rising with price = bullish confirmation.
Break above $0.1950 with strong candles can confirm momentum continuation.
Summary:
$COOKIE is showing signs of a bullish shift, and the shorts are already feeling the heat. If this momentum continues, it could bake a fresh rally straight to the upside.
Are you ready to ride the sugar wave or will you miss the breakout bite?