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$COOKIE Short-Term Bullish Recovery Setup
$COOKIE is showing signs of a potential short-term recovery after forming a solid base near the recent support zone on the 15-minute chart. After the earlier decline, the price has started to stabilize and is now printing small higher lows, which often indicates that buyers are gradually stepping back into the market. This shift in momentum suggests that selling pressure may be weakening and a rebound attempt could be developing.
If the current structure continues to hold above the support area,
$COOKIE /USDC could attempt a move toward nearby resistance levels in the short term. A sustained move above the entry zone could attract more buyers and push the price higher toward the next targets.
📍 Long Entry Zone: 0.0203 – 0.0205
🛑 Stop Loss: 0.0197
🎯 Take Profit Targets:
TP1: 0.0212
TP2: 0.0219
TP3: 0.0227
Traders should watch price action carefully around the entry zone. As long as the support structure remains intact and the higher low pattern continues, the probability of a short-term bullish move remains strong. However, if the price breaks below the 0.0197 support, the recovery structure could fail and further downside may follow.
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