Technical Analysis: $COOKIE /USDT ( 1D )
Main Trend: Strongly bearish (as indicated by the lower-low structure and price trading below the Moving Average indicator).
Reaction Zone/Order Block: The price is currently in a consolidation/retest area following a sharp decline, testing minor resistance around 0,0082–0,0089 USDT.
Volume: Selling volume dominated the previous downward move, indicating that selling pressure remains high.
Trading Signal (Short Position):
Recommendation: Sell on Strength / Short
Entry (Open Position): 0,008200 – 0,008500 USDT (retest area)
Take Profit (TP):
TP1: 0,007812 USDT
TP2: 0,007249 USDT
TP3: 0,006994 USDT
Stop Loss (SL): 0,009150 USDT (above the resistance zone/recent high)
Risk Note: Always use strict risk management and adjust your position size, as small-cap crypto assets are highly volatile.
Main Trend: Strongly bearish (as indicated by the lower-low structure and price trading below the Moving Average indicator).
Reaction Zone/Order Block: The price is currently in a consolidation/retest area following a sharp decline, testing minor resistance around 0,0082–0,0089 USDT.
Volume: Selling volume dominated the previous downward move, indicating that selling pressure remains high.
Trading Signal (Short Position):
Recommendation: Sell on Strength / Short
Entry (Open Position): 0,008200 – 0,008500 USDT (retest area)
Take Profit (TP):
TP1: 0,007812 USDT
TP2: 0,007249 USDT
TP3: 0,006994 USDT
Stop Loss (SL): 0,009150 USDT (above the resistance zone/recent high)
Risk Note: Always use strict risk management and adjust your position size, as small-cap crypto assets are highly volatile.
