Thrilling Market Update:
$COOKIE Faces Major Long Liquidation.
The cryptocurrency market has once again shown its unpredictability, and
$COOKIE is no exception. A significant long liquidation of $1.0346K just hit at $0.2127, sending shockwaves through traders. Is this a sign of further breakdown, or is an explosive move on the horizon.
Key Levels to Watch:
Buy Zone: $0.1980 - $0.2050 (Ideal accumulation zone for a potential rebound)
Resistance Levels (Targets):
Target 1: $0.2250 (Short-term breakout level)
Target 2: $0.2380 (Major resistance, could trigger a strong rally)
Target 3: $0.2500+ (If momentum continues, price could test this level)
Stop Loss: $0.1940 (If price breaks below this, further downside risk increases)
Market Sentiment & Strategy:
With this liquidation event, volatility is expected to rise. If
$COOKIE holds above the buy zone, a bullish reversal could take place. However, a failure to sustain could lead to deeper corrections. Smart traders will watch for confirmation before making their move.
#COOKIE #MarketRebound