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Summary
• Cookie DAO/Tether traded in a 0.0385–0.0392 range, with key support at 0.0386 and resistance at 0.0390.
• Price formed a bearish engulfing pattern near the high, suggesting short-term bearish bias.
• Volume spiked above average in the late ET session, confirming bearish momentum.
• RSI hovered near 50, while MACD showed diverging bars, hinting at indecision.
• Volatility expanded during the overnight hours, with price probing the lower Bollinger Band.
At 12:00 ET–1, Cookie DAO/Tether (COOKIEUSDT) opened at 0.0390, reached a high of 0.0392, and closed at 0.0389 by 12:00 ET. Total volume reached 2,421,885.6, with turnover of 93,590.27 USD over 24 hours.

The market appears to be consolidating within a tight range, with bearish momentum gaining traction. While the 0.0386 level holds, further downside risks remain limited, but a break below that could trigger a test of 0.0385. Investors should monitor volume divergence and RSI for signs of trend exhaustion or continuation.
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