$HOOK
/USDT Technical Analysis – Nov 28, 2024
Current Price: $0.5524 (+10.06%)
24h Range: $0.5005 - $0.5620
Key Levels
Resistance Targets:
1. $0.5658 – Immediate breakout zone (24h high).
2. $0.5900 – Key psychological resistance.
3. $0.6200 – Long-term bullish target.
Support Levels:
$0.5400 – Middle Bollinger Band.
$0.5242 – Lower Bollinger Band.
Indicators
Bollinger Bands: Price near the upper band, suggesting momentum but caution for pullbacks.
Volume: Strong buy-side interest with 22.42M HOOK traded in 24h.
MACD: Positive, confirming bullish momentum.
Outlook:
Bullish: Break above $0.5658 could target $0.5900 and $0.6200.
Bearish: Rejection may test $0.5400 or $0.5242.
