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Summary
• Cookie DAO/Tether (COOKIEUSDT) formed bearish engulfing patterns and key support at 0.0434–0.0436.
• Momentum softened as RSI approached oversold levels near 30, suggesting potential near-term stabilisation.
• Volatility expanded after 19:00 ET, with price breaking below the 20-period MA.
• Daily volume spiked near 09:15 ET, but price failed to follow through, indicating divergent market behavior.
• Bollinger Bands widened in late hours, with price lingering near the lower band, suggesting possible rebound.

A minor corrective leg developed in late trading, aligning with the 61.8% Fibonacci retracement from the 0.0445 high to the 0.0436 low. A potential retest of 0.0439 could signal continuation of the consolidation phase.
Looking ahead, Cookie DAO/Tether may test the 0.0435–0.0437 range for support before potentially rebounding. However, a break below 0.0434 could extend the bearish momentum. Investors should remain cautious as volatility remains elevated and trend clarity is yet to emerge.
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