$HOOK is currently trading near the upper Bollinger Band at 0.1486, indicating potential overextension, which could lead to a pullback. The recent price change of 1.25% coupled with a 24-hour high of 0.1491 reinforces the resistance level. Support sits at 0.135, so consider placing stop-loss orders just below this level to manage risk. With volatility exhibiting signs of contraction, wait for a confirmed price action shift before entering. A prudent strategy would be to set alerts for a breakout past 0.1491 or a close below 0.135 for potential buying or selling opportunities.
