$HOOK /USDT – Oversold Zone Detected! Rebound Brewing?

Momentum Analysis:

HOOK has plunged -14.02%, reaching a deep retracement zone near $0.1441. With a 24h low of $0.1405 and volume hitting 27.68M HOOK, bears may be exhausting. Watching for a reversal signal as short-term support holds.

Long Setup:

Entry Zone: $0.1400 – $0.1450

Targets:

T1: $0.1500

T2: $0.1590

T3: $0.1680

Stop Loss: $0.1310

Breakout Confirmation: $0.1500 (flip into support)

Key Support: $0.1400 (holds the retrace floor)

Pro Tip for Traders:

Oversold bounces often trigger quick scalps. Monitor volume spikes and depth bids near $0.1400 for potential long setups. Manage risk tightly — this could be a high-reward reversal play.

Trading Data:

Current Price: $0.1441 (-14.02%)

24h High/Low: $0.1676 / $0.1405

24h Volume: 27.68M HOOK / 4.23M USDT

Order Book Levels:

Resistance: 0.1500 / 0.1592 / 0.1683

Support: 0.1441 / 0.1409 / 0.1339 / 0.1318

Timestamp: 2025-04-29 04:00

#HOOK #HOOKUSDT #CryptoTrading #AltcoinWatch #BreakoutAlert