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$HOOK / USDT Short Trade Setup!
$HOOK is trading at $0.4510, showing a -3.49% decline in the last 24 hours, indicating bearish pressure.
📊 Key Metrics:
24H High: $0.467324H Low: $0.449224H Volume (HOOK): 6.59M24H Volume (USDT): $3.02M
💹 Chart Insights:
The 15-minute chart shows a consistent decline after attempting to sustain a range-bound consolidation phase. The recent sharp red candle highlights increased selling pressure, with the price touching the $0.4500 psychological support zone.
📈 Performance Overview:
Today: -1.18%7-Day Change: +2.36%30-Day Change: -34.21%90-Day Change: +6.11%180-Day Change: +3.91%1-Year Change: -54.75%
📍 Levels to Watch:
Immediate Resistance: $0.4560Immediate Support: $0.4500
⚠️ Outlook:
The current downward momentum suggests cautious trading. Bulls need to reclaim $0.4560 for a potential reversal, while bears may push prices below $0.4500 if the selling pressure continues.
💬 Are you accumulating HOOK or waiting for a breakout? Share your thoughts below!
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