$COOKIE has simply burst out of its range with a strong impulsive bar, and there is a brief pause below the high. There is still a bullish bias, as prices are resting above increasing short-term averages and a growing amount of volume supported the advance. This is more indicative of a digestion phase following expansion rather than a sign of a blow-off.
Entry Zone: 0.0478 – 0.0488
Take-Profit 1: 0.0505
Take-Profit 2: 0.0530
Take-Profit 3: 0.0565
Stop-Loss: 0.0452
Leverage (Suggested): 3–5x
Bias is still positive as long as price is above the level that broke through. Volatility will likely occur around the highs, so scaling out for strength is key.