$COOKIE /USDT – BEARISH BREAKDOWN UNDERWAY AS SUPPORT CRACKS BELOW 0.1880!
$COOKIE /USDT is showing strong bearish momentum, currently trading at 0.1856, down over 5.5% in the last 24 hours. After failing to sustain above 0.1960, price has broken down key intraday support, suggesting further downside pressure ahead.
Key Levels to Watch:
Resistance: 0.1900 / 0.1960
Support: 0.1830 (nearby), 0.1780 (major support)
Trade Setup – Short Opportunity:
Entry Zone: 0.1860–0.1850
Take Profit Targets:
TP1: 0.1830
TP2: 0.1780
Stop Loss: 0.1905
Market Outlook: The 7-day drop of over 13% and break below 0.1880 confirms bearish structure on lower timeframes. Unless bulls reclaim 0.1900 with volume, sellers remain in control. Watch for a bounce at 0.1830, but failure there could accelerate the decline to 0.1780 support.
Risk Management Tip:
Keep position size conservative and cap your risk at 1.5–2% per trade. Use SL discipline strictly to protect capital in volatile moves.
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