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Technical Analysis Update: $HOOK

/USDT 🚀

As HOOK/USDT continues to show promising price action, let’s dive into the key levels to watch in the coming hours.

Current Price: $0.4427 (+0.68%)

Target 🎯 #1: $0.4500

After a solid bounce from $0.4249, HOOK has tested the upper range of $0.4491. A break above $0.4500 could signal a bullish continuation, pushing the price towards the next resistance level.

Target 🎯 #2: $0.4400

In the short term, expect potential consolidation around the $0.4400 level. A solid support here could lead to a reattempt towards higher targets, confirming bullish strength.

Target 🎯 #3: $0.4200

If the market faces resistance, the price could pull back to $0.4200, where buyers might step in again, providing a solid opportunity for a potential reversal.

Key Observations:

24h High: $0.4491

24h Low: $0.4249

Volume: 17.27M HOOK traded in the last 24 hours, showing a healthy trading range.

Stay alert to any breakouts or rejections from these levels as they could provide opportunities for both short-term and long-term traders.

Feel free to adjust this based on real-time price movement or other conditions as the market evolves!