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Cookieusdtperp

#COOKIEUSDT maintains bearish momentum📉 SHORT BYBIT:COOKIEUSDT.P from $0.2787 🛡 Stop loss: $0.2925 🕒 Timeframe: 4H ✅ Market Overview: ➡️ A Rising Wedge pattern has formed and broken down, confirming bearish momentum. ➡️ Price has broken below the wedge and the POC level at $0.2976, turning it into resistance. ➡️ Strong volume cluster at $0.2976–$0.2925 is now likely to act as a rejection zone. ➡️ Bearish pressure is visible through high-volume red candles. ➡️ Arrows on the chart indicate a continuation toward the take-profit levels. 🎯 TP Targets: 💎 TP 1: $0.2660 💎 TP 2: $0.2515 💎 TP 3: $0.2395 📢 Watch how price reacts BYBIT:COOKIEUSDT.P to TP1 — weak bounce may signal room for deeper drop. 🚀 BYBIT:COOKIEUSDT.P maintains bearish momentum — further downside expected!
Short
by MoriartyTrading
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.
Short
by Heruprabowo