$COOKIE /USDT Analysis - Recovery in Progress?

COTI
0.1783
+1.19%
The $COOKIE/USDT pair is attempting a breakout after a steep downtrend, currently trading at $0.2863 (+1.92%). The price reclaimed a critical support zone around $0.2762, forming a base before reversing upward.
Key Levels:
Entry Range: $0.2800–$0.2860
Target 1: $0.3100
Target 2: $0.3200
Stop Loss: $0.2610
Observation:
The breakout from the consolidation zone suggests bullish momentum, with potential upside toward the $0.3200 level. Failure to sustain above $0.2800 could risk revisiting lower support levels.
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