COOKIEUSDT has broken down from its rising channel and is now heading toward a potential reversal zone. If price finds support and reacts positively from this area, a move toward the important supply zone is expected. A confirmed breakout above this supply zone would open the path toward the projected final target, as outlined on the chart.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.