$HOOK /USDT BEARISH BREAKDOWN
HOOK is showing clear bearish momentum after rejecting resistance and losing key intraday levels. Let’s break it down technically
CURRENT PRICE: $0.1108
24H Change: -5.29%
KEY LEVELS TO WATCH:
Resistance:
$0.1180 (Recent 24h High — Major Rejection Zone)
$0.1150 (Minor Intraday Resistance)
Support:
$0.1080 (Near-term Support – Weak)
$0.1065 (Strong Demand Zone, 24h Low)
$0.1020 (Major Breakout Zone - Watch Closely)
TRADE SETUP (SHORT):
Entry: $0.1105 - $0.1110
Stop Loss (SL): $0.1150
Take Profit (TP):
TP1: $0.1080
TP2: $0.1065
TP3: $0.1020 (Extended Target)
Ideal on breakdown of $0.1100 zone with volume confirmation.
RISK MANAGEMENT:
Risk only 1-2% of your capital per trade. Stick to SL – No chasing trades.
Use position sizing wisely to survive volatility.
Bear grip is tight on $HOOK. Trade smart, follow the trend, and protect your capital! #BTCWhaleTracker #BTC120kVs125kToday #MemecoinSentiment #StrategyBTCPurchase #Write2Earn $HOOK