- COOKIE price surged from $0.15 to $0.37 since May 23, testing a daily supply zone now
- Liquidity below and a solid daily demand zone could create a perfect trap before a run to $0.50
- $0.50 remains a key psychological level, but nothing is guaranteed — stay flexible, not fixed
Sometimes, a chart speaks louder than words. And COOKIE? It’s been screaming lately.
Let’s start from the beginning — what exactly is COOKIE?
What Is COOKIE?
COOKIE is a new entrant in the memecoin scene, but with a twist.
It blends the meme energy we all know (and sometimes regret aping into) with real community incentives — staking mechanics, potential NFT drops, and some serious engagement farming. Basically, it’s not just a pump-and-dump; it’s trying to build stickiness.
Think: dog coins meet DeFi snack time.
Now, that said… price action doesn’t lie. And COOKIE’s chart has been anything but boring.
The COOKIE Price Explosion
Let’s zoom out for a second — on the daily timeframe, since May 23rd, COOKIE shot up from $0.15 to $0.37. That’s not just bullish — that’s “your friend who never trades just bought in”-level bullish.
But now?
Well, now it’s reacting to a supply zone. And this is where the real game begins.
Daily Structure: Bulls in Control, But Watch the Trap
The trend on the daily is clearly bullish. No doubt. But what catches my eye is how price is reacting right now — slowing down, showing some hesitation.
That’s not random.
It’s touching a supply zone, and you don’t need to be a Wyckoff scholar to know what that can mean: potential short-term rejection or consolidation.
But the real twist is below.
There’s liquidity resting underneath, and right below that? A daily demand zone that could act as a perfect reload point for smart money.
This reminds me of those setups where I entered late, thinking price would just continue mooning — and instead, it wicked me out and then did what I wanted. Classic.
H4 Chart: Could Liquidity Be Enough?
Let’s go tighter — 4-hour timeframe.
Here’s where it gets more surgical.
COOKIE looks like it might not even need to tap that full daily demand.
There’s enough liquidity just below that could be taken out in a flash move — enough to shake weak hands and load up for another push. If that happens, we could see COOKIE gunning for $0.50.
Yep, that round number.
Not because it’s magical, but because it’s psychological — and price loves psychological levels, especially when backed by momentum.
The $0.50 Question
Now, will it get there? Maybe.
COOKIE has the energy. It has the trend. But this market loves to surprise, and if you’ve traded long enough, you know how that usually ends.
So, could we go to $0.50 from here? Absolutely.
Could we dump into demand first, take out stops, and then go? Also possible.
Could we nuke out of nowhere? Sadly, yes.
Final Thoughts: Plan, Don’t Predict
I don’t trade off hopes. I trade off structure.
And right now, COOKIE price is showing clear setups, both for continuation and for deeper pullbacks. The key is knowing where liquidity lies — and not becoming it.
Because here’s the thing: price doesn’t care about your opinion, your feelings, or your dreams of flipping $1K into $100K overnight. It just does what it wants.
Your job? Be ready when it shows its hand.
