*🔍 Current situation*
- Current price: 0.0983 USDT
- Highest price in 24 hours: 0.1128 USDT
- Lowest price in 24 hours: 0.0897 USDT
- Change over 24 hours: -9.40% (notable drop)
- Trading volume:
- HOOK: 96.93 million
- USDT: 9.54 million
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*📈 Trend analysis*
- General trend: Downward in the short term, as we observe a decline of about 9.4% over 24 hours.
- Candlestick pattern: There are candles with long wicks, indicating strong volatility and attempts to bounce.
- Nearby support: 0.0897 USDT (lowest price in 24 hours)
- Nearby resistance: 0.1128 USDT (highest price in 24 hours)
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*🎯 Potential targets (if the current upward trend continues)*
- First target: 0.1050 USDT (psychological and technical level nearby)
- Second target: 0.1128 USDT (testing previous resistance)
- Third target: 0.1200 USDT (in case of strong resistance break)
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*⚠️ Predictions and scenarios*
The scenario and expected indicators 📉 Continued decline is possible if support at 0.0897 is broken, high selling pressure, weakness in momentum 📈 Possible upward bounce if it holds at 0.0980, reversal candles, high trading volume 🔄 Sideways fluctuation is likely in the absence of strong momentum, trading between 0.09 and 0.11---
*🧠 Tips for traders or investors*
- Watch the level 0.0897 closely, as it is critical support.
- Do not enter a trade without a stop loss.
- Follow news or updates related to the HOOK project,