The chart for $HOOK /USDT on Binance is currently showing a downtrend. The price has dropped to around 0.1193, approaching the 0.1190 support zone. If this support breaks, further downside can be expected. Otherwise, a bounce may occur from this level.
Key levels to watch:
Support: 0.1190
Resistance: 0.1220 – 0.1230
Momentum is weak, so caution is advised for new entries until a clear reversal or support confirmation forms.
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