COOKIEUSDT Bottoming? Swing Trade SetUp

CookieUSDT is setting up for a potential swing trade, confirmation is still needed. The overall market remains in a fragile state, with sentiment largely driven by fear. Until a clear entry model is provided, patience is required.

Author

Bitcoin Insider
February 26, 2025 • Estimated Reading Time: 3 minutes

Today’s report will include:

  • COOKIE Technical Analysis

  • Market Psychology

  • Trading Tools

  • FREE Crypto Trading Secretes Guide 2025

COOKIE SWING LONG

CookieUSDT has shown interesting price action, particularly on the 4H timeframe, where a potential bottoming structure is forming within a local range. The key swing low from February 3rd remains intact, suggesting liquidity has accumulated below this level, making it a crucial area for stop-loss placements/liquidity. While price is still trading within the range, it is hovering around a key resistance level where a rejection could occur.

Points to Consider

  • Midpoint & Resistance: Price is currently fluctuating around the 0.23 daily resistance, leading to a local rejection. If market weakness continues, this could push price action toward lower levels.

  • Trade Setup & Execution: A long trade setup could emerge if price weakens at the key swing low, providing an entry opportunity back toward resistance levels. However, a full candle close below this level would invalidate the setup and reinforce a bearish trend.

  • Market Sentiment & Confirmation: The lower-high, lower-low structure has ended, aligning with VPVR confluence within the local range. However, price action has yet to confirm a reversal, meaning a valid trade setup will only be confirmed with an SFP (Swing Failure Pattern) at the key swing low.

While CookieUSDT is setting up for a potential swing trade, confirmation is still needed. The overall market remains in a fragile state, with sentiment largely driven by fear. Until a clear entry model is provided, patience is required.

If price action provides a valid SFP confirmation, this could trigger a bullish reversal toward higher resistance levels. However, if the key swing low breaks decisively, lower targets will likely come into play, reinforcing the bearish trend. Monitoring key price levels closely will be essential for the next move.

Hope this analysis helps.

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