$COOKIE โ 4H Reversal Confirmed, Breakout Pressure Building Into Range High
Long
$COOKIE โข Entry: 0.0198 โ 0.0208
โข Stop Loss: 0.0179
Targets:
โข TP1: 0.0220
โข TP2: 0.0238
โข TP3: 0.0258
๐ Market Overview:
$COOKIE swept the 0.0180 liquidity pocket and printed a clean higher low around 0.0183 on the 4H timeframe โ a classic reversal behavior after downside exhaustion. The reclaim of the 0.0195โ0.0200 structure level signals a shift in short-term order flow from distribution to accumulation.
Price is now pressing into range resistance with expanding bullish candles, suggesting buyers are positioning for a breakout rather than a rejection.
๐ง Structure Logic:
โข Higher low confirmed near 0.0183 demand
โข Reclaim of 0.0195 key structure level
โข Momentum building into range high
โข Liquidity resting above 0.0220 and 0.0240
This type of structure often leads to expansion once range highs are cleared.
โ ๏ธ Risk Perspective:
A sustained breakdown below 0.0180 would invalidate the bullish reversal thesis and signal failure of the higher-low formation.
As long as price holds above 0.0195, breakout probability remains elevated toward 0.0230+ and potentially the 0.025 liquidity zone.
Structured setup. Defined invalidation. Let momentum confirm the expansion. ๐
#COOKIE #WhaleDeRiskETH #USNFPBlowout