$HOOK /USDT STRUGGLING UNDER SELL PRESSURE — DOWNTREND STILL INTACT!
$HOOK has dropped nearly 8% and remains under clear bearish control on the 15-minute chart. Price is currently hovering at $0.1313 after testing the day’s low near $0.1292. Lower highs and breakdown wicks indicate buyers are unable to regain momentum.
Trade Setup (Short):
Entry: $0.1315 – $0.1330
Take Profit (TP): $0.1290 / $0.1260
Stop Loss (SL): $0.1355
Market Outlook:
Until HOOK reclaims the $0.1350–$0.1360 range with strong bullish candles, any bounce should be seen as temporary. Short-term sentiment remains bearish with volume supporting the downside.
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