🚨 $COOKIE at a Turning Point Can Buyers Defend the Line?
When a market slips, it either prepares for a bounce or a deeper drop. Cookie DAO ( $COOKIE ) is currently down about -3.28% and is sitting at a critical support level.
Smart traders are watching this zone closely to see if buyers have the strength to push back.
🎯 Spot Trading Plan: Support Defense Watch
(This is a plan for buying and selling actual coins no high-risk leverage.)
Entry Strategy
(Buy Only If Confirmed) Look for a 15- minute candle to close above $0.0446, followed by the next candle staying above $0.0442.
* Safety Exit (Stop-Loss): $0.0438 (If the price closes below this, the trade idea is cancelled to protect your money.)
Price Goals (Where to Sell for Profit):
* $0.0450 — First reaction point
* $0.0458 — Medium-term goal
* $0.0465 — Target liquidity zone
The chart shows $COOKIE is hovering near $0.0442, flirting with its short-term support line. While there is some selling pressure, the current structure suggests buyers are stepping in to defend this level.
However, if we see a 15-minute close below $0.0440, it may signal a failed recovery, potentially leading the price toward $0.0435 or even $0.0430.
What is Cookie DAO? $COOKIE is the utility token for a decentralized AI data ecosystem. It aggregates and tokenizes data from Web3 and AI-agent activities, powering tools like Cookie.fun for tracking the AI market.
⚡ Risk-Smart Trading Tips
* Wait for Confirmation: Don't rush in just because the price is low. Wait for the candle closes mentioned in the Entry Strategy.
* Stick to the Plan: Discipline is more important than hype. If the price hits the Safety Exit, get out.
* No Chasing: If the price jumps too fast before you can enter the zone, let it go. There will always be another trade.
⚠️ Disclaimer
This post is for informational purposes and market analysis only not financial advice. Cryptocurrency markets are highly volatile and carry risk. Always Do Your Own Research (DYOR), use stop losses, and only invest money you can afford to lose.
