📢 $COOKIE / USDT | 🔴 SHORT | ⭐ 73%
🎯 Target: $0.01160299. Will it get there?
🎯 Trade levels:
🔴 Entry: $0.011784
🛑 Stop Loss: $0.011885
🏁 TP1: $0.011603
🏁 TP2: $0.011502
🏁 TP3: $0.011382
📈 Analysis:
The market structure shows a clear downtrend, with patterns of lower highs and support breaks on the 4-hour timeframes. A significant increase in trading volume is observed, suggesting heightened seller activity in the market. The combination of this selling pressure and the current technical setup reinforces the possibility of a downward move toward the marked target.
⚖️ Risk/Reward: 1:1.8
⏱️ Timeframe: 15M
💭 A pattern of lower highs indicates that the price is struggling to rise, which is often interpreted as a sign of weakness among buyers.
#crypto #COOKIE #trading #Bearish
💡 This analysis is for educational purposes and does not constitute financial advice. Do your own research and make decisions carefully.
🎯 Target: $0.01160299. Will it get there?
🎯 Trade levels:
🔴 Entry: $0.011784
🛑 Stop Loss: $0.011885
🏁 TP1: $0.011603
🏁 TP2: $0.011502
🏁 TP3: $0.011382
📈 Analysis:
The market structure shows a clear downtrend, with patterns of lower highs and support breaks on the 4-hour timeframes. A significant increase in trading volume is observed, suggesting heightened seller activity in the market. The combination of this selling pressure and the current technical setup reinforces the possibility of a downward move toward the marked target.
⚖️ Risk/Reward: 1:1.8
⏱️ Timeframe: 15M
💭 A pattern of lower highs indicates that the price is struggling to rise, which is often interpreted as a sign of weakness among buyers.
#crypto #COOKIE #trading #Bearish
💡 This analysis is for educational purposes and does not constitute financial advice. Do your own research and make decisions carefully.