The Cookie DAO token ($COOKIE) has experienced a notable price surge of over 10% as it surpasses the key $0.17 resistance level, signaling potential bullish momentum. This breakout follows a period of decline for the token, which saw its value drop by more than 80% from its peak in late 2024. A rounded bottom pattern on the daily technical chart suggests a change in price trends, with recent movements showing rising highs and lows, indicative of an upcoming trend reversal. The RSI is currently at 74, indicating strong bullish momentum despite an overbought possibility. Meanwhile, the MACD indicator shows positive divergence as both curves cross above each other, further confirming the rising bullish momentum. Positive social sentiment remains high at 0.33038 and suggests a continuation of price movement trends.