COOKIE's 34% pump hit a brick wall at the 24h peak — smart money distributed and now the bleed is accelerating.
$COOKIE $0.008700 Short TP 0.008300 SL 0.008950
Volume collapsed to just 35% of the 24h average in the last 3 hours — the dead cat bounce has no fuel left. Price is trapped below MA7 ($0.00873) and MA25 ($0.00924), with RSI at 35.3 leaving more room to fall before hitting oversold (30).
The rejection was violent — 21% retrace in under 24h with MACD still deeply negative at -0.000072. The first support at $0.00850 is crumbling as liquidity dries up, opening the path to pre-pump levels near $0.00800.
DYOR
$COOKIE $0.008700 Short TP 0.008300 SL 0.008950
Volume collapsed to just 35% of the 24h average in the last 3 hours — the dead cat bounce has no fuel left. Price is trapped below MA7 ($0.00873) and MA25 ($0.00924), with RSI at 35.3 leaving more room to fall before hitting oversold (30).
The rejection was violent — 21% retrace in under 24h with MACD still deeply negative at -0.000072. The first support at $0.00850 is crumbling as liquidity dries up, opening the path to pre-pump levels near $0.00800.
DYOR