š„ $HOOK Ready for a Big Rebound? Key Level Analysis After Volume Explodes! š
$HOOK is drawing attention after trading volume skyrocketed and shows the potential for a significant trend reversal from its lows. This could be a golden opportunity for perceptive traders!
Key Analysis Points:
š Long Term (D1): Long bearish trend, but large volume entering at low prices ($0.0777) indicates smart money accumulation.
š Medium Term (H4): Bullish CHoCH has been confirmed on H4, indicating a momentum shift. The price is testing strong resistance at $0.11 - $0.12. Breaking this level is crucial!
š Short Term (M15): Strong bullish momentum. A correction could be a buying opportunity around $0.1065.
Recommendation:
Closely monitor the $0.11 - $0.12 area. If HOOK successfully breaks and stays above it, the next target is $0.1427, potentially reaching $0.1700!
What do you think? If you agree, you can start trading on Binance. Share your analysis in the comments!