Today's Trading Signals for $HOOK Hooked Protocol
HOOK is currently showing potential signs of consolidation within a range of $0.4247 to $0.4496, indicating an opportunity for scalpers. The Vol/Mkt Cap ratio of 20.34% shows decent liquidity for short-term trades. While the price is down significantly from its all-time high, its current position above the August low suggests possible bullish sentiment if volume picks up. Conversely, weak momentum could trigger further downside. Monitor closely for a breakout or breakdown from the identified levels.
Long Position Setup:
Entry Range: $0.4360 - $0.4410
Stop Loss (SL):$0.4300 - $0.4340
Take Profit (TP):$0.4490 - $0.5060
Short Position Setup:
Entry Range: $0.4320 - $0.4360
Stop Loss (SL): $0.4370 - $0.4420
Take Profit (TP): $0.4190 - $0.3700
🥂 Trade Here👇$HOOK
🚨 Note: Trade at your own risk. DYOR.
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