#TradingStrategyMistakes 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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