Cookie DAO/Tether (COOKIEUSDT) Market Overview – 2025-09-27

• Price surged 6.46% in 24 hours, closing near intraday high at 0.1059.
• Volatility expanded with a 15-minute high of 0.1077, surpassing prior resistance.
• Volume spiked during the breakout, confirming strength in the upward move.
• RSI remains neutral at ~55, suggesting momentum is intact but not overbought.
• Price remains above 20- and 50-period moving averages, supporting bullish continuation.

Cookie DAO/Tether (COOKIEUSDT) opened at 0.1015 on 2025-09-26 at 12:00 ET and closed at 0.1059 at 12:00 ET on 2025-09-27. The pair reached a high of 0.1077 and a low of 0.1014, showing a strong upward bias. Total volume was approximately 12.3 million, and notional turnover stood at $12.87 million over the 24-hour window.

The price action formed a strong bullish continuation pattern, with a large 15-minute bullish engulfing candle on the early morning rally, followed by a consolidation phase before a sharp breakout above 0.1066. The 20- and 50-period moving averages on the 15-minute chart were both above the price, reinforcing the bullish tilt. On the daily timeframe, the price remains above the 50-day, 100-day, and 200-day SMAs, suggesting a longer-term bullish trend.

MACD (12, 26, 9) showed a positive divergence with the price, indicating strengthening momentum, while the RSI is currently in the mid-range (~55), suggesting neither overbought nor oversold conditions. The Bollinger Bands expanded as the price broke out of a consolidation pattern, with the current price near the upper band, signaling heightened volatility and potential continuation. Key Fibonacci retracement levels at 0.1053 (61.8%) and 0.1045 (38.2%) appear to have provided short-term support during the rally.

The volume profile showed a marked increase during the 12:00–14:00 ET window, coinciding with the breakout from resistance and a rally to 0.1077. Notional turnover also rose sharply, suggesting participation from both retail and institutional players. The correlation between rising volume and price suggests conviction in the move higher. A divergence between volume and price during the afternoon pullback to 0.1058 was noted, indicating a potential short-term stall in bullish momentum.

Backtest Hypothesis
A backtesting strategy based on a breakout above the 15-minute upper Bollinger Band combined with a bullish engulfing pattern and increasing volume could be effective for short-term entry. A stop-loss could be placed below the 15-minute low of the breakout candle, while a target could align with the 0.1066–0.1077 resistance cluster. This setup appears to have been confirmed in the latest session, with the price surging past key levels after the breakout.