๐ HOOKED pumps 21% in 24H! Whatโs fueling the rally? Letโs break it down ๐
๐ Key Catalyst:
8.33M $HOOK token unlock ($775K) sparked volatility โ not huge like $SUI or $SOL, but timed perfectly with a 1,100% spike in volume and massive liquidity churn (turnover ratio 3.94). ๐
โ๏ธ Technical Breakout:
๐ Cracked above 7D SMA
๐ข MACD flipped green for 1st time in 10 days
๐ RSI at 40.67 = plenty of upside room
๐ฏ Next resistance? $0.1136 (Fib 23.6%)
๐ Narrative Fuel:
Gamified Web3 education is gaining heat โ HOOK's 200k+ active users in June is proof.
Altcoin sector rotation is alive, and HOOK is riding the narrative wave.
๐ Can it hold post-unlock? Or is this just a flash pump?