Información general del mercado de la cookie DAO/Tether

Summary
• COOKIEUSDT formed a bullish engulfing pattern near $0.0460, signaling potential upward momentum.
• Price consolidated within $0.0453–$0.0465, with key resistance at $0.0468 and support at $0.0450.
• Volume surged at 18:45 ET and 07:15 ET, aligning with sharp price moves.
• RSI showed mild overbought conditions near $0.0468, with no extreme momentum divergence.
• Bollinger Bands expanded during the morning ET, suggesting increased volatility.

Cookie DAO/Tether (COOKIEUSDT) opened at $0.0451 on 2025-12-16 12:00 ET, reached a high of $0.0468, and closed at $0.0467 by 2025-12-17 12:00 ET. Total volume for the 24-hour period was approximately 8.8 million tokens, with notional turnover of $394,550.

Structure & Formations

Price action displayed a strong bullish engulfing pattern at $0.0460 during the 18:45 ET candle, suggesting a reversal from a bearish trend. A long-legged doji formed near $0.0468, indicating indecision at the upper end of the range. Key support levels emerged at $0.0450 and $0.0453, with resistance clustering at $0.0465–$0.0468.

Moving Averages

On the 5-minute chart, the 20-period and 50-period moving averages showed a crossover near $0.0453, confirming a shift in momentum. Daily averages (50/100/200) aligned with the consolidation range, suggesting no clear long-term divergence.

Momentum Indicators

MACD showed a positive crossover in the early hours of 2025-12-17, supporting the uptrend. RSI reached 65–68 in the final hours, hinting at overbought conditions. No strong divergence between price and RSI was observed, reinforcing trend integrity.

Volatility and Bollinger Bands

Bollinger Bands expanded sharply between 18:45 ET and 09:00 ET, reflecting heightened volatility. Price remained within the upper band for much of the period, indicating strong buying pressure.

Volume and Turnover

Volume spiked at 18:45 ET and 07:15 ET, both times coinciding with major price moves. Notional turnover aligned with these spikes, confirming genuine interest rather than wash trading. A divergence was noted at 02:45 ET, where price declined but turnover remained flat, suggesting potential distribution.

Fibonacci Retracements

On a recent 5-minute swing from $0.0448 to $0.0468, price found support at the 38.2% level ($0.0461) and stalled near the 61.8% level ($0.0463). Daily retracements reinforced $0.0453 as a key level for further consolidation.

Looking ahead, COOKIEUSDT appears poised to test the $0.0468–$0.0470 range, with the 50-period MA offering potential support. A break below $0.0450 may trigger a deeper correction. Investors should remain cautious of volume divergence and overbought RSI readings.