cookieusdtfutures

$COOKIE is a classic bottoming structure after extended sell pressure. From the 0.061 high, the market bled slowly, grinding down into the 0.0374 low.$COOKIE That low is extremely important. It represents a full cycle of distribution, capitulation, and stabilization.
Notice how price stopped making lower lows after that point. The candles became tighter. Volatility compressed. Then expansion followed. The push toward 0.0444 is not just a bounce. It is the first meaningful reclaim of value since the downtrend began.
The current area is a decision zone. If $COOKIE holds above 0.0414, the structure favors continuation toward 0.0466 and possibly 0.0518 over time. Any pullback into the low 0.04 region that holds is likely a higher low, not a breakdown.
This is how reversals form. Slowly. Quietly. Before they explode.

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