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Summary
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Cookie DAO/Tether (COOKIEUSDT) opened at 0.0476 on 2026-01-06 12:00 ET, peaked at 0.0486, and closed at 0.0478 on 2026-01-07 12:00 ET, with total volume of 10.84M and turnover of 507,129.44 USD over 24 hours.
Structure and Candlestick Patterns
A bullish engulfing pattern formed at 18:15–18:30 ET when price reversed from 0.0463 to 0.0470 after a sharp decline. A second key reversal occurred at 06:30 ET, with price rebounding from 0.0468 to 0.0471 on high volume.

Technical Indicators
MACD lines diverged slightly after 22:00 ET, showing weakening bearish momentum as price moved higher. RSI surged above 68 by 05:00 ET, indicating overbought conditions and a potential pullback into support at 0.0472. The 5-minute 20-period MA crossed above 50-period MA briefly at 05:45 ET, a sign of short-term bullish bias.
Volatility and Bollinger Bands
Bollinger Bands expanded sharply after 19:00 ET, matching the increase in trading activity and price swings. Price remained within the bands for most of the session, but the upper band reached as high as 0.0486. A contraction in band width was observed between 02:00 and 05:00 ET, suggesting potential for a breakout.
Volume and Turnover Analysis
Volume spiked at 18:15 ET (2.89M), confirming the sharp bearish move from 0.0463 to 0.0468. A second large volume spike (620K) at 06:30 ET coincided with the price rebound from 0.0468 to 0.0471, supporting a short-term bullish reversal. . Turnover increased in line with volume, showing no significant divergence.
Fibonacci Retracements
A 38.2% Fibonacci retracement level was identified at 0.0476–0.0478, aligning with the recent consolidation after the 0.0486 high. A 61.8% retracement near 0.0468 appears to act as a key support level, with price bouncing off it multiple times during the session.
COOKIEUSDT may see a pullback toward 0.0472–0.0474 over the next 24 hours, but the recent bullish momentum could extend the test of 0.0484 resistance. Investors should watch for a break above 0.0486 or a rejection below 0.0468 for confirmation of the next directional move.
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