The Trust Layer for Market Analysts

The speaker provides an analysis of COOKIEUSDT, focusing on the recent announcement by Cookie DAO regarding the cessation of its Snaps Platform and active creator campaigns due to changes in X's API use policies. The current price is observed around $0.0336 on the 1W chart, following a notable price decline. The speaker views this situation as a challenging but necessary decision for Cookie DAO to maintain data integrity and compliance with X. He notes that Cookie DAO is actively engaging with X to determine future operational models for Snaps and is also developing 'Cookie Pro, real-time market intelligence for crypto' for a Q1 launch. Despite bearish technical indicators on shorter timeframes (1H, 4H, 1D), the speaker expresses strong confidence in Cookie DAO's long-term prospects, citing the team's transparency and resilience. He identifies the current price as a significant buying opportunity, anticipating the project will overcome the challenges and achieve new all-time highs. Potential price targets are cited at $1, $10, and even $20 by the end of the year. From a technical standpoint, the price has reacted around the 1.618 Fibonacci extension level. Further downside could see the price testing the 2.272 Fibonacci extension at approximately $0.0314 or the 2.618 extension at $0.0285. A critical invalidation level is set at a weekly close below $0.026. The speaker suggests that the short-term selling pressure is likely to subside, paving the way for upward momentum in the longer term.