$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