$COOKIE is showing strong breakout momentum after reclaiming MA7 0.0100, MA25 0.0087, and MA99 0.0112.
Bias: Long on pullback
Entry zone: 0.0126 to 0.0133
Stop: below 0.0118
TP1: 0.0138 to 0.0140
TP2: 0.0145 to 0.0150
TP3: 0.0160 to 0.0170 if volume keeps expanding.
The chart looks stronger now because buyers pushed price above the full MA cluster with rising volume, but since it is already near resistance, the cleaner long is on a pullback instead of buying the top candle.
The key support area for me is 0.0120 to 0.0126. If COOKIE pulls back and holds above that zone, buyers still look in control. A clean break above 0.0138 would confirm continuation, but if it loses 0.0118, I’d cancel the long setup because that would show the breakout is starting to weaken.
Bias: Long on pullback
Entry zone: 0.0126 to 0.0133
Stop: below 0.0118
TP1: 0.0138 to 0.0140
TP2: 0.0145 to 0.0150
TP3: 0.0160 to 0.0170 if volume keeps expanding.
The chart looks stronger now because buyers pushed price above the full MA cluster with rising volume, but since it is already near resistance, the cleaner long is on a pullback instead of buying the top candle.
The key support area for me is 0.0120 to 0.0126. If COOKIE pulls back and holds above that zone, buyers still look in control. A clean break above 0.0138 would confirm continuation, but if it loses 0.0118, I’d cancel the long setup because that would show the breakout is starting to weaken.