$HOOK /USDT – Potential Accumulation Zone
$HOOK/USDT is trading at $0.4402, with a slight positive move of +0.18% in the last 30 minutes. A good entry point for short-term traders seeking potential gains.
Trading Strategy
• Entry Zone: $0.4350 - $0.4400
• Targets:
• Target 1: $0.4450
• Target 2: $0.4500
• Target 3: $0.4600
• Stop Loss: $0.4250 to manage risk.
Key Observations:
• 7-day price increase of +10.52% indicates buyer interest.
• Short-term resistance at $0.4490; watch for a breakout.
• Low 24-hour trading range highlights consolidation.
Risk Note: Employ stop-losses and ensure thorough market analysis.