Here's a quick breakdown of the $COOKIE /USDT market data as of the latest update:
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Current Price:
$0.2688 (-6.34%) – indicating a short-term bearish move.
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24h Trading Data:
High: $0.3685
Low: $0.2627
Volume:
COOKIE: 165.56M
USDT: $52.09M
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Technical Indicators:
MA60: $0.2697 (current price just below it — potentially testing support)
MA(5): 285,515.2 (volume)
MA(10): 229,641.1 (volume)
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Price Action Levels:
Resistance Zones:
$0.2730
$0.2752
Support Zones:
$0.2642
$0.2627 (24h low)
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Analysis:
The price is near a key support zone ($0.2627–0.2697).
A bounce could occur if buying pressure returns, especially above the 60 MA.
If volume stays high but price remains under pressure, further downside toward $0.25 is possible.
Watch closely for MACD or BOLL signals for trend reversal confirmation.
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