$COOKIE /USDT Trading Signal - Consolidation Zone or Breakout?

Current Price: $0.5908

$COOKIE /USDT is consolidating near EMA levels after rejecting from $0.6213. This creates opportunities for both breakout and retracement trades:

Short Entry:

Entry Range: $0.5900โ€“$0.5800

Targets:

Target 1: $0.5730

Target 2: $0.5600

Target 3: $0.5250

Stop Loss: $0.6050

Long Entry:

Entry Range: $0.5900โ€“$0.6000

Targets:

Target 1: $0.6100

Target 2: $0.6210

Target 3: $0.6470

Stop Loss: $0.5730

Observations:

EMA(7) and EMA(25) are aligned near $0.5953, acting as immediate resistance for upward moves.

Volume spikes near $0.6213 suggest it as a key breakout level for long targets.

A breakdown below $0.5800 might confirm bearish continuation to $0.5250.

๐Ÿ’ก Watch for confirmed price action and manage your risk effectively!

#COOKIEUSDT

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