HOOK Trade Setup: Scalp Opportunity in Progress
$HOOK /USDT is showing bullish consolidation after bouncing from the 0.0938 support zone and forming a local high at 0.1072. The current price around 0.1033 presents a potential continuation opportunity on the 1H chart.
We are looking to open a long position if the price remains stable above the 0.1030 level. Small and steady targets are planned to secure profits step by step.
Entry Zone: 0.1030 – 0.1035
Take Profit Targets:
TP1: 0.1045
TP2: 0.1060
TP3: 0.1070
Stop Loss: 0.1010
Watch for volume confirmation before entry. Manage risk smartly and adjust SL after hitting TP1 to lock in profits.