$HOOK /USDT BEARISH PRESSURE INTACT – SELLERS EYE A DROP BELOW $0.11! ⚠️
$HOOK has faced heavy selling after rejection from the $0.156 resistance, sliding down to around $0.114 with strong bearish momentum. The 4H chart shows consistent lower highs and increasing sell volume, confirming a downtrend continuation. If the price breaks below $0.106, the next support lies near $0.095, signaling further downside potential in the short term.
🔹Trade Setup:
Entry (Short): $0.118 – $0.122
Targets (TP): $0.108 / $0.100 / $0.095
Stop Loss (SL): $0.130
📊Market Outlook:
Momentum indicators remain bearish, and as long as
$HOOK trades below $0.125, sellers are expected to dominate. A breakdown below $0.106 could trigger another wave of selling pressure before a potential base forms.
#HOOKUSDT #BearishTrend #CryptoAnalysis #AltcoinAlert #TradingSetup hook