COOKIE Strong Bullish Breakout Could Trigger Another Leg Higher
$COOKIE is showing strong bullish momentum after a high-volume breakout from the recent consolidation range. If buyers hold above the breakout zone, continuation toward higher resistance levels remains likely.
Trade Plan
Direction: Long
Entry: 0.0101 – 0.0103
Target 1: 0.0108
Target 2: 0.0113
Target 3: 0.0120
Stop Loss: 0.0095
Momentum has shifted in favor of the bulls, but avoid chasing extended candles. Waiting for a healthy retest of the breakout area offers a more favorable risk-to-reward setup.