$COOKIE Current Status (COOKIE/USDT, 1H)
Trend: Consolidating within Ascending Channel
Price is still inside a rising channel and just broke above the midline (around $0.3030).
Bollinger Bands are tightening — this signals a volatility expansion is likely soon.
Indicators
RSI
RSI(6): 65 → near short-term overbought but not yet bearish.
RSI(12) and RSI(24): both rising slowly → suggests building strength.
MACD
MACD just crossed above the signal line, though barely positive (MACD: 0.0003).
It’s a bullish crossover, but weak — momentum is trying to build, not yet confirmed.
Volume
Still relatively low — a breakout would need a volume surge to hold above $0.3065.
Key Levels to Watch
Support: $0.2960–$0.2980 (bottom of range)
Resistance:
$0.3065–$0.3090 (breakout zone)
$0.3120–$0.3160 (major target/supply zone)
Conclusion
Bias: Bullish consolidation with momentum building
Confirmation needed: 1H or 4H candle close above $0.3065 with rising volume
Bearish signs: None yet — MACD and RSI look constructive, not divergent