$HOOK/USDT – Short Setup Brewing! - Watch Closely
Current Price: $0.1812 (+10.09%)
After a spike to $0.1884, $HOOK is showing early signs of weakness with lower highs forming — potential reversal in play.
Key Levels:
• Resistance: $0.1884
• Support: $0.1760 / $0.1700
Short Trade Plan:
Entry Zone: $0.1810 – $0.1835
Targets:
• TP1: $0.1760
• TP2: $0.1700
• TP3: $0.1650
Stop Loss: $0.1895
Market Insight:
15M chart shows a bearish reversal candle post-pump — sellers stepping in near the highs. Weak hands may get shaken out fast.
Pro Tip:
Look for rejection at $0.1830 with rising sell volume for confirmation. Stay sharp — don’t short blindly without structure!
$HOOK could be ripe for a tactical short — are you lined up or late to the party?
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