🔥 $HOOK Breakout Tease – Bulls Pushing the Door?
$HOOK's got that breakout itch right now, testing resistance like it's daring the bears to swing back. Up 8.4% on solid juice – feels legit, not some thin-air pump.
*Volume's Roaring Approval: That 164M in 24H? Way above the sleepy averages lately, straight-up backing the surge. Tells me buyers are showing up with wallets open, not just window-shopping.
*Flows: Spot's Hungry, Futures Playing Defense: Spot's stacking +80K over the week – classic dip-hoarding by the patient crowd. But perps? -59K net outflow same period, probably folks hedging wins or bailing leverage. Kinda split personality, but I'm reading it as "cautious green light."
*My Lean $HOOK : Cautious Long – Ride the Crack If It Gives
Bullish play here, but no blind leaps. Aggressive? Grab it around current 0.0375 with a super-snug SL, betting on a pop over Resistance at 0.0379. Playing safe? Hold for a volume-fueled smash past next resistance 0.0399, then aim higher to 0.0430.
SL at 0.0360 – lines up with support
Targets: Eye 0.0430 right at the BOLL top and Resistance wall. Take chunks off the table.
You hooking into $HOOK's push or waiting for the proof? What's your stop look like? 📈🪝#hook #hookusdt #hookedprotocol