$HOOK +14% JUMP, BUT NOW FACING MAJOR RESISTANCE WALL!
HOOK is trading at $0.1656, up +13.97% with strong momentum after a clean upward push. Price is now consolidating just below key resistance. If bulls hold firm, the next breakout could be imminent—else, a pullback may follow.
Key Levels to Watch:
• Resistance: $0.1700 – A breakout above this could restart the rally.
• Support: $0.1620 – Breakdown here may bring short-term weakness.
Trade Setup – Squeeze Breakout or Bull Trap?
Bullish Scenario:
• Entry Trigger: Break and close above $0.1700
• Target 1 (TP1): $0.1765
• Target 2 (TP2): $0.1820
Bearish Scenario:
• Entry Trigger: Drop below $0.1620
• Target 1 (TP1): $0.1565
• Target 2 (TP2): $0.1500
Stop-Loss (Risk Control):
• Longs: Below $0.1620
• Shorts: Above $0.1700
Volume Insight: 174.8K – consistent trading activity confirms strong attention. Volume breakout could signal next leg.
