$COOKIE: Trend Reversal Confirmed for $COOKIE as Volume Spikes Upward
LONG SETUP COOKIE
Entry: $0.01248 - $0.01252
Stop Loss: $0.01200
Take Profit: $0.01350 (2R)
Key Levels: Support $0.01217 | Resistance $0.01263
Technical Analysis for $COOKIE: Price sits above EMA9, EMA21, EMA50 and EMA200, confirming bullish momentum. MACD histogram is positive and MACD line sits above its signal, while RSI at 62.5 shows strength without being overbought. Stochastic %K (77.6) is high but still below the extreme, supporting upward bias. ADX around 21 indicates a moderate trend. The pair is trading near the 1H/4H resistance at ~0.01263, with a solid support zone at ~0.01217.
Market Context: BTC remains in a bullish trend on both 4H and 1D frames, and the broader crypto market is broadly positive (73.5% green). This backdrop adds favorability to a bullish outlook for COOKIEUSDT.
#COOKIE #LongSetup #TechnicalAnalysis
LONG $COOKIE
LONG SETUP COOKIE
Entry: $0.01248 - $0.01252
Stop Loss: $0.01200
Take Profit: $0.01350 (2R)
Key Levels: Support $0.01217 | Resistance $0.01263
Technical Analysis for $COOKIE: Price sits above EMA9, EMA21, EMA50 and EMA200, confirming bullish momentum. MACD histogram is positive and MACD line sits above its signal, while RSI at 62.5 shows strength without being overbought. Stochastic %K (77.6) is high but still below the extreme, supporting upward bias. ADX around 21 indicates a moderate trend. The pair is trading near the 1H/4H resistance at ~0.01263, with a solid support zone at ~0.01217.
Market Context: BTC remains in a bullish trend on both 4H and 1D frames, and the broader crypto market is broadly positive (73.5% green). This backdrop adds favorability to a bullish outlook for COOKIEUSDT.
#COOKIE #LongSetup #TechnicalAnalysis
LONG $COOKIE
