$HOOK /USDT – Bullish Momentum Building
Market Overview:
$HOOK has gained +10.89%, climbing from a low of 0.1069 to test resistance at 0.1219 before settling near 0.1191. This strong upward push, coupled with solid intraday volume, signals renewed bullish sentiment after recent consolidation.
Trade Setup (Long):
Entry Zone: 0.1170 – 0.1190
Target 1: 0.1219
Target 2: 0.1265
Stop Loss: 0.1130
Technical Insights:
The price is holding above the 0.1170 breakout level, supported by increased buying pressure. A confirmed close above 0.1220 could trigger the next bullish leg toward 0.1265, with potential to extend higher if momentum continues. Short-term pullbacks to the entry zone may offer fresh buying opportunities.