COOKIE/USDT Short Setup Loading - High-Probability DropPrice recently pumped into a premium zone and gave us a clear Change of Character (ChoCh) — a classic signal that momentum is shifting from bullish to bearish. Now, we’re seeing a pullback into the 0.5–0.618 Fibonacci retracement zone, which often acts as a key area for entries.
📍 Trade Plan
Entry: 0.182 USDT
Stop-Loss: 0.191 USDT (above recent high / invalidation point)
Target: 0.173 - 0.1657 - 0.153
🔎 Why This Setup Stands Out:
✅ ChoCh Confirmed – Momentum has shifted, suggesting the bulls are losing control.
✅ Fibonacci Confluence – Price is pulling back right into the golden zone (0.5–0.618), offering a textbook short entry.
✅ Clean Risk/Reward – With a tight stop and a defined target, the setup offers solid R:R potential.
💭 Final Thought:
Now it’s all about confirmation. If we see a solid rejection in the zone, this setup could play out with strength. Patience is key — let the market come to you.
Cookieusd
COOKIE is Bearish (2H)First of all, note that this symbol is highly volatile and risky.
From the point where I placed the red arrow on the chart, it seems that the COOKIE correction has begun.
Currently, it appears that COOKIE is in wave B of an ABC pattern or possibly a more complex structure.
As long as the red zone is maintained, it is expected to move toward the specified targets.
Closing a 4-hour candle above the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You