šØ $HOOK Spot Setup šØ
šÆ Targets:
TP1: $0.1280 šÆ
TP2: $0.1320 šÆ
TP3: $0.1380 š
š Technical Analysis:
$HOOK is at a crucial level, testing its 24h high of $0.1245. A breakout above this level with increased volume could trigger a +10ā12% rally. RSI on the 1H chart is bullish, currently hovering around 61, suggesting potential continuation of the uptrend.
š Key Support/Resistance Zones:
Support: $0.1185
Resistance: $0.1245
A retest of the $0.1200ā$0.1215 zone could offer better risk-reward entries for spot buyers.
š Volume Insight:
Volume has picked up significantly over the last few hours. Watch for a strong volume spike above $0.1245 to confirm breakout momentum.
ā ļø Risk Management Tip:
Use a stop-loss at $0.1170 to manage downside risk. Secure partial profits at each target, especially if price action starts slowing down near key resistance.
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#HOOK #HOOKUSDT #CryptoSignals #SpotBreakout #BreakoutWatch
šš¶
š Disclaimer:
This setup is based on personal analysis and insights from experienced traders. Shared for educational purposes only. Always do your own research. All trades carry risk ā patience and discipline are key.