The analyst discusses Cookie Dao's current price at 0.1466, noting a 12.12% daily decrease. He believes the price could dip slightly, potentially testing lower levels, but isn't fully convinced it will break the previous low. He refers to a potential bearish control in the short term, but views bulls as being in control overall, suggesting they're 'asleep'. Analyzing the one-hour chart, he notes a move down with low volume, seeing potential for a move upwards. Indicators show oversold conditions on the stochastic with bullish divergence on the MACD. A bounce is possible; however a retracement to 0.5382 is plausible before working lower, then suggesting resistance at 0.15 area, before falling again to retest the .618 golden ratio for support at 0.1447. I can see a double bottom, and can end slightly higher, however If the crypto goes lower, from the resistance that would be around 11-8 cents will hold. He states that with low volume this drop isn't really trustworthy . He sets a potential target of $1.65 if not , from $2.5 to $2.7 by the end of this endeavor.