$HOOK ๐ค๐ค๐ค๐ฅ๐ฅ
HOOK/USDT, the current price is $0.2807, up 2.11% in the past 24 hours. The 24-hour high is $0.2939, and the low is $0.2735, with 10.21M HOOK traded and 2.89M USDT in volume.
The moving averages show that the 5-period MA is at $0.2853, and the 10-period MA is at $0.2841, both slightly above the current price, indicating resistance levels near $0.2841 to $0.2853. The 60-period MA is at $0.2829, which is very close to the current price, suggesting potential support around this level.
If the price can hold above the 60-period MA at $0.2829 and break through the resistance near $0.2841 to $0.2853, there is potential for HOOK to test the 24-hour high of $0.2939 in the next 24 hours. However, if the price falls below the 60-period MA, it may retrace towards the recent low of $0.2735.
Given the positive momentum and support near the 60-period MA, $HOOK seems to have a chance for upward movement if the current trend holds. However, watching for changes in volume and any shifts in market sentiment will be key.
