$HOOK /USDT: Bullish Momentum Building!
Current Price:
$HOOK /USDT is trading at $0.4189 (+3.89%), with a rebound from the 24-hour low of $0.3977. The coin is showing signs of recovery after a brief consolidation phase.
Key Targets to Watch:
1. $0.4292 – Immediate resistance and the 24-hour high. A break here could confirm a strong uptrend.
2. $0.4400 – Mid-term target if momentum sustains above key resistance.
3. $0.4600 – Major resistance level, signaling a broader bullish breakout.
Trading Insights:
Keep a close eye on volume around $0.4292, as breaking this level could lead to rapid gains.
Set a stop-loss near $0.4050 to minimize downside risk.
Partial profit-taking is advised near $0.4400 while holding for further upside.