COOKIE is trading flat at 0.0282, up just over 1% within a very tight range of 0.0275 to 0.0288.
With low volume and minimal volatility, this is a clear accumulation zone. The price is giving no directional bias until it breaks out of this compression.
Trade Plan (Breakout Dependent):
· Long if 0.0288 breaks:
Entry: 0.0288 - 0.0290
TP1: 0.0295
TP2: 0.0300
SL: 0.0283
· Short if 0.0275 breaks:
Entry: 0.0275 - 0.0273
TP1: 0.0270
TP2: 0.0267
SL: 0.0278
Key Level: The mid-point around 0.0282 is just noise. The only levels that matter are the range boundaries.
Wait for the break. Trading inside this band offers no edge. Let the price show its hand first.$COOKIE

COOKIEUSDT
Perp
0.01749
-0.96%