🎣 $HOOK /USDT Dipping Below EMAs – Break or Bounce Ahead? 🧭
$HOOK is trading at $0.0943 (-2.08%), sitting just above its 24h low of $0.0938. It has now fallen below all key EMAs, signaling bearish short-term pressure:
EMA(7): $0.0951
EMA(25): $0.0957
EMA(99): $0.0988
With 5.5M volume, there's still decent interest — and if $0.0935 holds, a technical bounce could follow.
📊 Trading Plan: • Entry Zone: $0.0935 – $0.0945
• Take Profit 1: $0.0960
• Take Profit 2: $0.0985
• Take Profit 3: $0.1008
• Stop Loss: $0.0915
📈 Look for a bullish recovery candle on the 1H chart to confirm rebound potential.
#HOOK #LaunchpadToken #AltcoinWatch #CryptoSignals #BinanceSetup $HOOK