š $HOOK /USDT ā Long Trade Signal Alert!
š¹ Current Price: $0.1040
š¹ 24H High / Low: $0.1072 ā $0.0938
š¹ Change (24H): +5.26% (strong rebound with renewed buying momentum)
š Market Overview:
Bullish Rebound: HOOK has recovered from the recent low of $0.0917 and is now testing the EMA(99) at $0.1067, a key resistance zone.
EMA Alignment: EMA(7) > EMA(25), indicating short-term bullish momentum, while EMA(99) remains the main breakout level to watch.
RSI Strength: RSI(12) at 60.27 shows improving bullish momentum but still leaves room before overbought conditions.
Volume Surge: Significant increase in buying volume supports this upward move, suggesting strong participation from buyers.
š Trade Setup (Long Idea):
Entry Zone: $0.103 ā $0.105 (near EMA(7) and EMA(25) confluence)
TP1: šÆ $0.107 (EMA(99) breakout test)
TP2: šÆ $0.112 (recent resistance)
TP3 (Final): šÆ $0.117 (extended upside target)
Stop Loss: ā Below $0.098 (recent support and EMA(25) level).
š Pro Tip:
A confirmed close above $0.107 (EMA99) with strong volume will validate further upside toward $0.112+. Consolidation above EMA(7) also strengthens the bullish scenario.
š Short-term bullish momentum is clear; maintaining above $0.101 could lead to a strong breakout toward $0.112+.