$HOOK /USDT Price Prediction This Week on Binance

Current Price: ~$0.1095

📈Technical & Market Overview

•HOOK recently dropped ~-6.7% in the last 24 hours but remains above the 50-day MA on the 4-hour chart, indicating mixed technicals with short-term bullish bias.

•On the daily & weekly charts, both the 50-day and 200-day MAs are trending down above price-signaling resistance.

•RSI is neutral (~40-60), with no clear divergence, suggesting the market may consolidate or begin a reversal.

•User consensus on Binance's prediction page estimates a modest ~+5% upside to around $0.1012-$0.1015 by week's end.

•MI forecasts (CoinLore) indicate potential decline toward $0.1055, while long-term outlook remains bullish over

multiple years.

🌐This Week's Forecast

★Bullish Scenario: $0.115 - $0.125

A breakout above the descending 50-day MA (~$0.115) could trigger a rally toward short-term resistance zones.

★Neutral Range: $0.095 - $0.115

Expect sideways action as price battles the 50-day MA and digests recent volatility.

★Bearish Scenario: $0.080 – $0.095

Failure to reclaim moving averages may see a pullback toward weekly support in this range.

📊Trade Plan

•Entry Zone: $0.105 $0.110

•Take Profit 1: $0.115

•Take Profit 2: $0.125

•Stop Loss: Below $0.095

🧠Strategy Insight

HOOK is hovering at an inflection point with short-term bullish tone but key resistance overhead. A gain above $0.115 could set up a short squeeze toward $0.125, while failure may keep price stuck within this week's range. A disciplined entry with tight risk controls is essential.

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