$HOOK
/USDT: Hooking for a Rebound – Key Levels to Watch 🎯
Current Price: 0.4784 (down -8.16% in 24 hours, slight rise of +0.04% in the last 15 minutes).
Key Levels:
Support: 0.4729 (24h Low) – Crucial for a potential bounce.
Resistance: 0.5273 (24h High) – A breakout above this could lead to a bullish recovery.
Trade Strategy:
Buy: Look for a rebound near 0.4729, or wait for a breakout above 0.4850 for safer entry.
Stop-Loss: Set a stop below 0.4680 to manage downside risk.
Target Keys 🎯:
1. T1: 0.4850 – Immediate resistance; take partial profits here.
2. T2: 0.5000 – Psychological level; next key target.
3. T3: 0.5200 – Near the 24h high; signals bullish momentum if breached.
Risk Management: Watch volume closely. A drop below 0.4680 signals further weakness, while a breakout above 0.4850 increases bullish potential.
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