$HOOK /USDT – Bullish Continuation Setup 🚀
Technical Analysis:
$HOOK/USDT has printed a strong bullish move, gaining 8.41% and pushing price toward the $0.0380 resistance zone. The pair has reclaimed the $0.0360–$0.0370 area, which is now acting as a key support. Volume remains solid at 60.87M HOOK, indicating sustained buying interest. A successful hold above $0.0370 can fuel the next upward leg.
Trade Setup:
Entry Range: $0.0368 – $0.0375
Target 1: $0.0380
Target 2: $0.0395
Target 3: $0.0410
Stop Loss (SL): $0.0355
Short-Term Outlook:
A brief consolidation near $0.0375 is possible before continuation. As long as price stays above $0.0360, bullish momentum remains intact.
Short Outlook of Market:
If $HOOK loses $0.0355 support, a short-term bearish pullback toward $0.0340–$0.0330 may occur. Breakdown below this zone would weaken the bullish structure.
