🟢Trading Signal:HOOK/USDT (Hook/Tether)
Timeframe: 12-hour chart
Entry Type: Long (buy) 📈
Entry Price: $0.4265
Stop Loss: $0.3860 🔴
Take Profit:
· First Target: $0.5900 🎯 (16.5% profit)
· Second Target: $0.7240 🎯 (69.5% profit)
· Third Target: $0.8600 🎯 (101.5% profit)
Risk/Reward Ratio: 1:2 📊
Position Size: 2% of account balance 💸
Trade Duration: 24-48 hours ⏰
Technical Analysis:
· Descending channel on 12-hour chart 📉
· Bounce from major support area at $0.5250 🚀
· RSI downtrend broken upwards 💪
· Stabilizing above 100 moving average 📈
Fundamental Analysis: No recent news or events 📰
Market Sentiment: Bullish 📊
Disclaimer: DYOR and NFA
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