📉⚠️
$HOOK USDT BEARISH BREAKDOWN – BUYERS LOSING GRIP, FURTHER DOWNSIDE AHEAD 🔻
$HOOKUSDT is showing signs of weakness after failing to sustain its earlier bullish push. Currently trading at 0.1027 USDT, down intraday despite a +12.12% daily gain, indicating a potential reversal.
🔑 Key Levels:
Support: 0.1000 USDT (psychological level)
Resistance: 0.1100 USDT (intraday rejection zone)
Current Price: 0.1027 USDT
🎯 Trade Setup (Short Entry):
Entry Zone: 0.1030 – 0.1045 USDT
Take Profit (TP):
TP1: 0.1010 USDT
TP2: 0.1000 USDT
Stop Loss (SL): 0.1060 USDT
📈 Short Market Outlook: HOOK is under clear bearish pressure as sellers dominate after its failed retest of the 0.1100 USDT resistance. If price breaks below 0.1010 USDT, expect further downside towards 0.1000 USDT in the coming hours as momentum shifts.
⚠️ Risk Management: Risk only 1-2% of your capital per trade, place SL strictly above rejection zones, and avoid late entries to protect your account equity from rapid reversals.
💬 Comment ‘⚠️📉’ if you’re targeting this bearish opportunity today!
#HOOKUSDT #CryptoSignals #BearishSetup #ShortTrade #TechnicalAnalysis $HOOK