🔍 $HOOK

/USDT Technical Analysis Update

The HOOK/USDT pair has been showing strong bullish momentum, up 9.32% in the last 24 hours. Let’s take a closer look at the key targets and potential price action for HOOK in the coming hours.

📊 Price Action Overview:

Currently priced at $0.5807, HOOK is testing key levels after a significant rise from the low of $0.5224.

🎯 Target 1: $0.5850

The first immediate target for HOOK is around $0.5850. This level has shown some resistance, but a break above it could signal further bullish momentum toward higher levels.

🎯 Target 2: $0.6000

A further push could bring HOOK to $0.6000, a psychological resistance level. This target is a critical point for continued upward movement in the near term.

🎯 Target 3: $0.6200

If HOOK can hold above $0.6000, the next target lies around $0.6200. This level could potentially mark a strong breakout for the pair, accelerating the bullish trend.

📈 What to Watch:

Keep an eye on the 24-hour volume, which stands at 25.22M HOOK and 13.84M USDT. A surge in volume could support a sustained breakout, while a pullback may test support at $0.5500.

Stay tuned for further updates and trade carefully!