Guys! Just Look at this move...$HOOK
is maintaining a clear bullish market structure after a strong impulsive move from the demand zone. Price action is forming higher lows, indicating sustained buying pressure and healthy consolidation. The recent pullback has respected key support, suggesting accumulation rather than distribution.
Volume participation remains strong, supporting the bullish bias. A break above the local resistance zone will likely act as a catalyst for continuation toward higher supply levels. As long as price holds above the structural support, the trend favors upside expansion.
Targets (TP):
TP1: 0.0405
TP2: 0.0438
TP3: 0.0485
Stop Loss (SL):
SL: 0.0349
Risk Management:
Limit risk to 1–2% per trade, wait for confirmation on lower timeframes, and secure partial profits while trailing stop loss.