💥 $HOOK /USDT – Bearish Reversal Setup! 🔻

Current Price: $0.0936 (+1.85%)

$HOOK faced rejection above the key $0.097 level and is now forming a clear bearish structure on the 30-min chart. Consecutive red candles and fading momentum suggest sellers are gaining control — a short opportunity is unfolding!

📉 Short Trade Setup:

• Entry Zone: $0.0935 – $0.0945

• Target 1 (TP1): $0.0915

• Target 2 (TP2): $0.0885 ✅

• Stop Loss (SL): $0.0965

⚡ Technical View:

Bearish rejection at local highs with volume tapering off. Structure turning lower with weak bullish follow-through — downside pressure is building.

🛡 Risk Note:

Close trade if SL hits. Use proper position sizing and watch for volatility spikes near key levels.

🔄 Strategy Breakdown:

This setup plays off a failed breakout and reversal signal. Entry is positioned just below the breakdown point, with targets aligned to previous demand zones. Ideal for short scalpers eyeing a pullback to key supports.

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