$HOOK /USDT BEARISH SETUP āš ļøšŸ“‰

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:

šŸ”¹ MA(7): 0.1016

šŸ”¹ MA(25): 0.1045

šŸ”¹ MA(99): 0.1088

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šŸ”» Key Levels

Resistance:

šŸ”ŗ $0.1045 – Near MA(25)

šŸ”ŗ $0.1088 – Strong resistance at MA(99)

Support:

šŸ”» $0.1000 – Psychological & structural support

šŸ”» $0.0950 – Next major demand zone

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šŸ’£ TRADE SETUP (SHORT)

Entry: $0.1010 – Current price

SL (Stop Loss): $0.1055 – Above MA(25) resistance

TP1: $0.0975

TP2: $0.0950

TP3: $0.0900

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āš ļø RISK MANAGEMENT

Use 2–3% of your capital only. Stick to the stop loss & avoid overleveraging. Trade with discipline! šŸ”’šŸ“Š

#Crypto #HOOKUSDT #TechnicalAnalysis #BearishSetup #MetaplanetBTCPurchase $HOOK