$HOOK /USDT BEARISH SETUP ā ļøš
HOOK is trading at $0.1010 (-8.60%), showing clear signs of weakness as price hovers near the daily low of $0.1008. The moving averages confirm the downtrend:
š¹ MA(7): 0.1016
š¹ MA(25): 0.1045
š¹ MA(99): 0.1088
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š» Key Levels
Resistance:
šŗ $0.1045 ā Near MA(25)
šŗ $0.1088 ā Strong resistance at MA(99)
Support:
š» $0.1000 ā Psychological & structural support
š» $0.0950 ā Next major demand zone
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š£ TRADE SETUP (SHORT)
Entry: $0.1010 ā Current price
SL (Stop Loss): $0.1055 ā Above MA(25) resistance
TP1: $0.0975
TP2: $0.0950
TP3: $0.0900
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ā ļø RISK MANAGEMENT
Use 2ā3% of your capital only. Stick to the stop loss & avoid overleveraging. Trade with discipline! šš
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