$COOKIE /USDT price is currently $0.0412 (Rs11.52) per, but today it has dumped by 11.59%. Overall sentiment seems bearish, as this coin has fallen more than 25% in 7 days and more than 70% in 90 days.
Currently, immediate strong support is seen around $0.0407, which is the 24h low. If this also breaks, the next level could go below $0.0400. On the upside, the first resistance is at $0.0413-0.0414 where MA(7) and MA(25) are also, and after that, there is a strong barrier at $0.0425. A short-term target if a bounce occurs seems reasonable at $0.0421-0.0428, but the overall trend is weak.
Looking at the order book, it seems buying pressure is low, and sellers are dominant. It would be better to wait before making any entry to let the price consolidate and show a clear direction. The risk is very high at this time.
