$HOOK USDT – REJECTION AT LOCAL HIGH! SHORT TRADE SIGNAL
WICK REJECTION FROM $0.1158
FOLLOW-THROUGH WEAKNESS AFTER SPIKE
$HOOKUSDT spiked sharply to $0.1158 but quickly sold off, leaving a long upper wick. Current price action suggests the move was unsustainable and profit-taking is in progress.
Trade Setup:
Short Entry: $0.1070 – $0.1085
Targets (TP): $0.1005 / $0.0950
Stop Loss (SL): $0.1115
Short Outlook: If selling continues below $0.1060, further downside is likely. Watch for weakness under $0.1000 for bearish confirmation.
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