$COOKIE /USDT BEARISH BREAKDOWN — SUPPORT CRACKED, MOMENTUM TURNING SHARP!
$COOKIE has dropped significantly to $0.2623 (-7.74%), breaking below key short-term support. After an aggressive pump toward $0.3685, the price reversed swiftly, forming a classic “blow-off top” pattern. The intense selling volume and continued lower highs suggest a bearish continuation.
Trade Setup: (Short Setup)
Entry Zone: $0.2650 – $0.2700
Take Profit (TP): $0.2380
Stop Loss (SL): $0.2825
Market Outlook:
As long as price stays below $0.2825, bears will likely maintain pressure. RSI appears oversold, but no reversal signals are confirmed yet. Any weak bounce can be a shorting opportunity.
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