Market Overview: Cookie DAO/Tether (COOKIEUSDT) – 2025-10-14 24-Hour Analysis

Generated by AI AgentTradeCipher
Tuesday, Oct 14, 2025 4:39 pm ET2min read
Aime RobotAime Summary

- Cookie DAO/Tether (COOKIEUSDT) dropped 9.1% as price broke below key support levels, forming a bearish reversal pattern during 19:30–20:30 ET.

- A sharp 6.5% decline in a 15-minute candle at 20:30 ET confirmed bearish momentum, with Bollinger Bands widening and RSI hitting oversold 27.

- Price consolidation near 61.8% Fibonacci level ($0.0887) suggests potential rebound, though MACD negativity and declining volume hint at ongoing bearish pressure.

- Backtesting strategies analyzing Head-and-Shoulders patterns since 2022 could help evaluate COOKIEUSDT's potential reactions to similar formations in future trading.

• Cookie DAO/Tether (COOKIEUSDT) fell 9.1% over 24 hours amid a bearish breakdown below key support levels.
• Momentum indicators suggest oversold conditions at the close, though volume has declined in recent hours.
• A distinct bearish reversal pattern formed around 19:30–20:30 ET, followed by a sharp 6.5% decline in a single 15-minute candle.
• Volatility expanded significantly during the 20:30–20:45 ET window, with a 4.8% drop from high to low in one candle.
• Price remains in a key Fibonacci retracement zone (61.8%), suggesting potential for near-term consolidation or rebound.

Cookie DAO/Tether (COOKIEUSDT) opened at $0.0942 on 2025-10-13 at 12:00 ET and closed at $0.0886 on 2025-10-14 at the same time, after reaching a high of $0.1038 and a low of $0.0863. Total volume over the 24-hour window was 11,362,811.1, with a notional turnover of $1,004,288. The pair experienced a sharp bearish move in the late evening, driven by a large 15-minute candle at 20:30 ET that recorded a high of $0.1038 and closed at $0.1007, signaling increased bearish momentum.

Structurally, the price formed a distinct bearish reversal pattern around 19:30–20:30 ET, with a long upper shadow and a bearish engulfing candle at 20:30 ET confirming the breakdown. Key support levels are emerging at $0.0875 and $0.0863, both of which have been tested multiple times in recent sessions. Resistance appears to be consolidating around $0.0923 and $0.0943. A doji formed at 03:45 ET and a long bearish candle at 05:45 ET further suggest exhaustion in the bullish side.

The 20-period and 50-period moving averages on the 15-minute chart have both turned downward, reflecting the bearish trend. Bollinger Bands have widened significantly since 20:30 ET, with price dropping below the lower band during the key breakdown. RSI reached an oversold level of 27 at 09:45 ET, suggesting a potential short-term bounce, though the MACD histogram has turned negative, indicating bearish momentum remains intact. Fibonacci retracement levels show the 61.8% level at $0.0887, aligning closely with the current price action.

The volume profile shows a clear spike during the 20:30–20:45 ET window, with the largest 15-minute candle recording $2,672,102.5 in volume. However, volume has since declined, with the past six hours showing much lower activity. This divergence between price and volume may suggest a potential reversal in the near term. Notional turnover reached a peak at $2,672,102.5, but it has since contracted, indicating reduced conviction in the bearish move.

Backtest Hypothesis

To better understand the potential performance of COOKIEUSDT based on recent candlestick formations, a backtesting strategy could be designed to identify and evaluate Head-and-Shoulders patterns since 2022. This strategy would use the closing price for measuring performance, and it would assess how the market typically behaves post-pattern confirmation. By automating the detection of such patterns and tracking their outcomes, investors could gain insight into how COOKIEUSDT might react to similar formations in the future. Given the recent bearish reversal pattern and the oversold RSI, this strategy could offer a valuable lens to evaluate potential entry or exit points.