🚨 COOKIE/USDT Market Analysis – Is a Bullish Reversal Coming?

On the 15-minute chart, COOKIE/USDT shows early signs of a potential bullish reversal after forming a CHoCH (Change of Character) from the previous bearish structure. This occurred after price tapped into a discount zone between $0.2350–$0.2400, which often acts as a high-probability demand area under Smart Money Concepts (SMC).

🧠 Smart Money Breakdown:

BOS (Break of Structure) confirmed the downtrend earlier.

CHoCH formed recently, signaling a possible trend shift.

Price is currently sitting above the PDL (Previous Day’s Low) and is rejecting the weak low, which may act as short-term support.

We have an imbalance around the $0.2450–$0.2500 zone that could be targeted next.

📈 Momentum Confirmation:

The Stochastic RSI shows a bullish crossover in the oversold zone — suggesting growing buyer interest.

Volume is picking up gradually, which could fuel the next move upward.

🎯 Trading Plan (Not Financial Advice):

Entry idea: If price re-tests the $0.2400–$0.2410 zone with bullish reaction

Target: $0.2480–$0.2500 (Equilibrium)

Stop-loss: Below $0.2350 (weak low invalidation)

🫵COOKIE might be forming a short-term bullish setup, backed by Smart Money Concepts and momentum indicators. However, risk management is key in such setups — the market may remain volatile.

#SmartMoneyConcepts #COOKIE #CryptoAnalysis #TechnicalAnalysis

‼️This is not financial advice. Always DYOR (Do Your Own Research) and use proper risk management before entering any trade.