$HOOK USDT – BEARISH SIGNAL AFTER SHARP REJECTION!

REJECTION AT LOCAL HIGH

MACD MOMENTUM SLOWING

$HOOK pumped aggressively to $0.1229 but faced a strong rejection, forming a lower high and a red candle just below resistance. Despite a short-term uptrend, the waning momentum on MACD and multiple rejection wicks signal buyer exhaustion.

SHORT TRADE SETUP

Entry: $0.1065

Target 1: $0.0962

Target 2: $0.0865

Stop Loss: $0.1120

Unless bulls reclaim $0.1155, HOOK could slide back toward key support levels.

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