$HOOK /USDT – Potential Short Setup Unfolding! 🚨
Current Price: $0.1812 (+10.09%)
Price spiked to $0.1884 but is now forming lower highs — early signs of weakness post-pump.
Key Levels:
Resistance: $0.1884
Support: $0.1760 / $0.1700
Short Trade Plan:
Entry Zone: $0.1810 – $0.1835
🎯 TP1: $0.1760
🎯 TP2: $0.1700
🎯 TP3: $0.1650
🛑 Stop Loss: $0.1895
Market Insight:
The 15M chart shows a reversal candle after a sharp move up, signaling seller strength around the top. Caution for late longs.
Pro Tip:
Watch for a clean rejection from the $0.1830 area with increasing sell volume to confirm the setup.
Sellers might take control — time for a precise short strike on $HOOK!
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