The COOKIE coin is experiencing a strong rise of +6.75% over the last 24 hours, with the price reaching $0.2419, approaching the daily high of $0.2421, after recording a low of $0.2102.
โ Buy the coin directly by clicking on its name: $COOKIE
๐ Technical indicators:
๐น RSI = 79.06 โ In the overbought area, indicating strong bullish momentum, but also suggests a potential correction soon.
๐น MACD is positive at $0.0030 with a bullish crossover between DIF and DEA, supporting continued upward movement in the near term.
๐น Trading volume is increasing, reflecting growing interest from traders and positive liquidity flow that reinforces the current trend.
๐น Stochastic K = 85.54, D = 71.21, J = 114.19 โ The indicator is in a very strong overbought area, which may indicate that the coin is approaching a psychological resistance level that warrants caution.
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๐ Recommendation:
๐น Potential buying area: Any decline towards $0.2300 โ $0.2350 could present a good entry opportunity.
๐น First target (TP1): $0.2600
๐น Second target (TP2): $0.2750
๐น Stop loss (SL): $0.2190
โ Buy the coin directly by clicking on its name: $COOKIE
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๐ Note:
Despite the strong upward momentum, some technical indicators (such as RSI and Stoch) suggest that the coin is in an overbought condition and may experience a short-term correction. It is advisable to monitor nearby support levels in case of a decline.
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๐ฌ Summary:
COOKIE is showing a clear upward trend with strong trading volume and increasing momentum. Continued upward movement is expected if it maintains support at $0.2300. Watch for potential corrections for smart entry into new positions.
