The analysis focuses on COOKIEUSDT, anticipating a move down to the $0.10 to $0.085 range before a rally, due to the psychological $0.10 support breaking, causing capitulation. The analyst suggests a slow crawl until the FOMC meeting around September 16th-17th and looks at the 1-hour time frame. There's a bullish engulfing candle, with bullish stochastic, neutral RSI, and MACD looking to continue. A move up to $0.12 or $0.13 is considered, before more downside. The analyst also uses a 4-hour chart and golden ratio, setting a target of $2.50, if not a test of all time highs. A major W shape is expected.