HOOK/USDT is currently showing bearish momentum after a strong drop. Price is consolidating near the 0.0200 level, which may act as short-term resistance. If the price retests the 0.02007 zone and shows rejection, a short position could be considered targeting 0.01905, while maintaining risk with a stop loss at 0.02086. Entry should only be taken after a clear re-test confirmation
Trade Setup:
🔴 Pair: HOOK/USDT
🔴 Sell Entry: 0.02007 (After Re-test)
🛑 Stop Loss: 0.02086
🎯 Target: 0.01905