$HOOK /USDT

🔹 HOOK/USDT Market Overview

Current Price: $0.1118

Daily Change: -10.70% ❗

24h High: $0.1256

24h Low: $0.1082

Volume (24h):

HOOK: 32.83M

USDT: 3.83M

🔍 Technical Zones

❌ Resistance Levels

$0.1144 – $0.1180 → Nearest resistance band

$0.1215 – $0.1256 → Heavy resistance from the 24h high zone

$0.1300 → Psychological barrier & potential retracement cap

✅ Support Levels

$0.1109 – $0.1082 → Current support range

$0.1074 → Weak intraday support

Below $0.1050 → Could trigger deeper sell-off toward $0.10

⚙️ Trade Setups

🟥 Bearish Setup: Continuation Play

Entry: Below $0.1080 on breakdown

Target: $0.1050 → $0.1000

Stop-loss: Above $0.1140

Notes: Volume is high, but price is bleeding — suggests panic exits.

🟡 Bounce Play (Speculative Long)

Entry: If bounce from $0.1080 or wick to $0.1070 shows strength

Confirmation: Reclaim of $0.1140 with volume

Target: $0.1210 → $0.1240

Stop-loss: Below $0.1060

🔵 Recovery Setup (Only if reclaim)

Entry: On clean break and close above $0.1250

Target: $0.1300 – $0.1350

Stop-loss: Below $0.1200

Note: Needs a full structure shift and strong reversal volume.

⚠️ Key Observations

-10.70% daily drop on strong volume = likely bearish continuation unless buyers step in hard.

Price is hugging critical short-term support ($0.108–$0.110)

Ideal for scalpers or short-term bounce traders, but not yet safe for a swing long without confirmation.

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