$HOOK / USDT Market Update 📉
Current Price: 0.0950 (-0.11%)
24h High: 0.1029 | 24h Low: 0.0942
HOOK has been under steady bearish pressure, slipping from the 0.1029 peak down to the 0.0942 low before finding some support. The price is now consolidating near 0.0950, slightly above the recent bottom, but still trading below key moving averages (MA25 & MA99), signaling weak momentum.
📊 Key Levels:
Support: 0.0940 – 0.0945
Resistance: 0.0965 – 0.0975
Breakout Zone: Needs a close above 0.0975 for bullish reversal signals
🔎 Outlook: The short-term trend remains bearish as long as HOOK stays under 0.0975. A recovery above this zone may open the way back to 0.1000+, while failure to hold 0.0940 could invite further downside.
#HOOK #CryptoTrading #Binance