Price Position and Structural State
Cookie DAO (COOKIE) closed at 0.011765 USDT on August 30, 2026, down 6.92%. The asset now sits in a sideways structure inside its 55-day range. Current 55-day support is near 0.00738 USDT, with resistance near 0.016799 USDT. Price is near the middle of the range, so the market has no clear structural edge until it closes outside these levels.
Moving Averages and Trend Context
COOKIE is trading above short-term moving averages but remains below longer-term resistance. MA20 at 0.011517 USDT can act as near-term support for the recovery attempt, while MA200 at 0.013833 USDT is the key level to reclaim for a broader trend shift. Short-term structure has improved, but longer-term moving averages still show overhead resistance.
Trading Friction and Price Efficiency
COOKIE shows moderate trading friction, with a 3-day friction score of 57.7. The score combines price progress, wick rejection, and volume confirmation. Recent candles show mixed acceptance, so price is moving but still showing some noise. Moves near support or resistance need a cleaner daily close before they carry stronger weight.
Open Interest, Funding, and Positioning
Open interest increased sharply +12.37% in one day, showing a major increase in futures exposure. OI sits near the middle of its 60-day range, so the move adds leverage from a normal base rather than from a stretched one.
Funding is positive on the 24-hour average at +0.008961%, with the 7-day average also positive at +0.009538%. This shows sustained long-side cost pressure across both short and medium windows.
The long/short ratio is 2.11, showing more long accounts than short accounts. It sits near the middle of its 60-day range, so this is a long tilt without clear historical crowding.
Correlation, Beta, and Index Relationship
COOKIE shows weak linkage to the broader crypto market (Sigloid Index). Correlation is limited, and R² indicates that index behavior explains only a small portion of its movement. This suggests price action is largely driven by asset-specific factors rather than broader market direction. Over the 30-day window, the relationship is stable. Over the 60-day window, the relationship is stable. Over the 180-day window, the relationship is stable.
| Window | Correlation | Beta | R² | Read |
|---|---|---|---|---|
| 30D | 0.254 | 1.007 | 0.064 | Weak linkage |
| 60D | 0.238 | 0.845 | 0.056 | Weak linkage |
| 180D | 0.42 | 1.073 | 0.176 | Moderate linkage |
Momentum, Volatility, and Indicator Pressure
COOKIE's volatility profile is controlled rather than stretched. ATR% reads 12.19, near the lower side of its full historical range. Bollinger Band width% reads 22.88, close to the bottom of its full historical range. 20-day Volume Z-score is -0.49. Range expansion is not leading the setup right now.
ROC14 is +6.32%, while RSI is 54.09 and MACD histogram remains negative. Multi-day acceleration has improved, but the broader momentum picture is still incomplete.
The read is still incomplete: momentum is improving, but volatility or participation has not confirmed the move strongly enough.
Broader Market Regime
The Sigloid Index remains in a bullish regime, showing broad strength across the market. COOKIE has a weak link to that market condition, so price behavior depends more on its own structure than on the broader market trend.
Key Levels for the Next State Change
For COOKIE, the next structural shift depends on range boundaries. A daily close above 55-day resistance at 0.016799 USDT establishes a bullish regime, while a daily close below 55-day support at 0.00738 USDT confirms a bearish regime.