$HOOK HOOK market in-depth analysis:
Short-term trend: Currently, HOOK clearly shows a bearish trend in the 1-hour, 2-hour and 4-hour time frames.
Long-term perspective: Turning to the daily level, we see that the market is in a correction phase, and today's key focus is on the important price of 0.5692.
Instant operation strategy: If the rebound on the 4-hour level fails to successfully break through the three key resistance levels of 0.5766, 0.5812 and 0.5896, the market is expected to continue its bearish trend.
Recall target prediction: For this daily level correction, the primary target areas of concern are 0.5389, 0.5315 and 0.5222. If there is no effective break below these support levels, the bullish trend on the weekly level remains stable.
Investment advice: For spot investors, whether they are currently short or planning to increase their positions, they should pay close attention to the above three support prices. It is recommended to consider batch layout in these areas to seize potential buying opportunities.
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