$COOKIE /USDT BEARISH SETUP: DOWNTREND ACCELERATING ⚠️

Cookie ($COOKIE ) is under heavy selling pressure, currently trading at $0.1610 after rejecting resistance at $0.1663. The price is approaching key support at $0.1562 — a breakdown below this level could trigger further downside.

🔎 Key Levels:

Support: $0.1562, $0.1429

Resistance: $0.1663, $0.1796

📉 Trade Setup:

Short Entry: $0.1600 (on breakdown confirmation)

Take Profit (TP1): $0.1565

Take Profit (TP2): $0.1430

Stop Loss (SL): $0.1665

⚠️ Risk Management: Keep a tight stop loss above resistance to minimize potential losses. Manage risk by limiting exposure to 2-3% of your trading capital.

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COOKIEUSDT

Perp.

0.02282

-8.79%