🔹 Analysis of Hook Coin (HOOK)
📊 Current Price: Approximately $0.112
Main Support: $0.1109
First Resistance: $0.1189
Next Resistance: $0.132 (200-day moving average)
✅ After breaking the descending triangle, the coin showed a noticeable recovery with an increase in trading volume.
⚠️ The price tried to hold above $0.12 but faced strong selling pressure at this level.
🚀 If the resistance at $0.1189 is broken with a strong close, we could see a gradual rise towards $0.132.
However, if the price loses the support at $0.1109, it may return to test lower levels.