$HOOK
/USDT BEARISH SETUP CONFIRMS BREAKDOWN PRESSURE š»š
$HOOK/USDT is showing clear bearish momentum as price struggles below resistance and fails to recover recent losses. Current price is $0.0964, facing downside pressure with lower highs and weak volume confirmation.
š KEY LEVELS TO WATCH:
šŗ Resistance:
$0.0980 (24H High)
$0.1000 (Psychological Level)
š» Support:
$0.0950 (Minor Support)
$0.0936 (Strong Support Zone)
$0.0900 (Breakdown Level)
š¼ TRADE SETUP (SHORT):
Entry Zone: $0.0960 ā $0.0965
Targets šÆ:
TP1: $0.0940
TP2: $0.0910
TP3: $0.0880
Stop Loss (SL): $0.0985 š
š INDICATORS INSIGHT:
ā MACD: Bearish crossover
š Volume: Weak on green candles
š“ EMA: Price under 20/50 EMA
š½ SAR: Dots above price ā bearish trend
ā ļø RISK MANAGEMENT TIP:
Risk only 1-2% of your capital per trade. Stick to your SL. No entry without candle confirmation under $0.0960. š«
š» HOOK is leaning BEARISH ā Ride the trend, protect your capital!
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