$HOOK /USDT: Primed for an Ascent from Key Support
HOOK is currently trading at 0.1192, showcasing a solid +5.11% intraday gain.
Strategy Overview:
· Entry Zone: $0.116 – $0.120
· Stop-Loss: $0.110
· Profit Targets:
· TP1: $0.125
· TP2: $0.132
· TP3: $0.140
Thesis: HOOK is demonstrating notable strength,finding reliable support at the $0.110 level. A decisive breakout and daily close above the $0.120 resistance could be the catalyst for a significant upward move. As a Launchpad token, it retains the potential for sudden volume influx and renewed market interest.
Monitor the $0.120 level closely; a sustained breach may signal the start of a new bullish phase. #CryptoAnalysis#TradingSetup