🍪$COOKIE /USDT Trading Update - Bullish Momentum Drives 23% Gain

{spot}(COOKIEUSDT)

Market Overview:

$COOKIE /USDT has experienced a sharp rise, trading at $0.5631 (+23.32%), after surging from a low of $0.4566 to a high of $0.6999. This spike highlights strong buying interest and significant momentum.

Key Levels to Watch:

Resistance:

$0.6050 (immediate hurdle).

$0.6999 (recent high).

Support:

$0.5320 (nearby support).

$0.4980 (critical level for bulls).

Technical Insight:

The price movement indicates heightened volatility. A break above $0.6050 could drive the price back toward $0.6999 or higher. Conversely, failure to maintain support at $0.5320 might trigger a pullback toward $0.4980.

Outlook:

Bullish Scenario: A breakout above $0.6050 confirms continuation toward $0.6999 and beyond.

Bearish Scenario: A rejection near resistance could lead to consolidation or a retracement to $0.4980.

Pro Tip: Monitor volume closely at key levels for breakout confirmation. Tight stop-losses are recommended due to high volatility.

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