$HOOK/USDT – Potential Short Setup Unfolding!

Current Price: $0.1812 (+10.09%)

After a strong upward spike to $0.1884, $HOOK is now showing early signs of weakness as it begins to form lower highs — a classic warning signal that the recent bullish momentum may be fading. Traders should tread cautiously, especially those late to the long side.

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Key Technical Levels

Resistance: $0.1884

Support: $0.1760 / $0.1700

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Short Trade Plan

Entry Zone: $0.1810 – $0.1835

Targets:

🎯 TP1: $0.1760

🎯 TP2: $0.1700

🎯 TP3: $0.1650

Stop Loss: $0.1895

$HOOK