đ„ MOMENTUM ALERT: COOKIE NEARING LOCAL CEILING
Bears are locking eyes on a potential exhaustion reversal as $COOKIE touches multi-hour highs near 0.01255. The rapid vertical pump is starting to display signs of stalling right below heavy resistance.
đ Bearish Attack Strategy: COOKIE/USDT (Short)
âą Distribution Band: 0.01240 â 0.01255
âą Risk Boundary (SL): 0.01290
âą Downside Objective 1: 0.01200
âą Downside Objective 2: 0.01174
âą Downside Objective 3: 0.01147
đ Indicator Breakdown:
Hourly candlesticks are stretching far above the MA(7) [0.01220] curve, indicating an overextended move that begs for a mean-reversion pull. Volume velocity is beginning to flatten out, pointing toward an incoming liquidity grab by short sellers.
đŹ Whatâs your game plan? Are you shorting this peak or staying on the sidelines? Let's discuss below! đ#SOLJumps20%OnTheWeek #WarshSaysInflationIsFedTopFocus #FedSeptRateHikeOddsRiseTo57% #TrumpSaysUSReachedVenezuelaOilDeal #SchwabPlansToAddSOLAVAXLINKTrading $COOKIE
Bears are locking eyes on a potential exhaustion reversal as $COOKIE touches multi-hour highs near 0.01255. The rapid vertical pump is starting to display signs of stalling right below heavy resistance.
đ Bearish Attack Strategy: COOKIE/USDT (Short)
âą Distribution Band: 0.01240 â 0.01255
âą Risk Boundary (SL): 0.01290
âą Downside Objective 1: 0.01200
âą Downside Objective 2: 0.01174
âą Downside Objective 3: 0.01147
đ Indicator Breakdown:
Hourly candlesticks are stretching far above the MA(7) [0.01220] curve, indicating an overextended move that begs for a mean-reversion pull. Volume velocity is beginning to flatten out, pointing toward an incoming liquidity grab by short sellers.
đŹ Whatâs your game plan? Are you shorting this peak or staying on the sidelines? Let's discuss below! đ#SOLJumps20%OnTheWeek #WarshSaysInflationIsFedTopFocus #FedSeptRateHikeOddsRiseTo57% #TrumpSaysUSReachedVenezuelaOilDeal #SchwabPlansToAddSOLAVAXLINKTrading $COOKIE