$HOOK – SHORT TRADE SIGNAL ACTIVE!
REJECTED AT RESISTANCE. BEARISH STRUCTURE INTACT.
$HOOK failed to hold above the $0.1160 resistance and reversed sharply after a lower high near $0.1300. Current price action is forming a lower low and facing rejection on relief bounces — indicating sellers remain in control.
Trade Setup:
• Entry: $0.1140 – $0.1150
• Stop Loss: $0.1170
• TP1: $0.1115
• TP2: $0.1090
• TP3 (Extended): $0.1035
Outlook: As long as HOOK trades below $0.1160, downside continuation is likely. Volume confirms weakness on recent bounces.
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