HOOK analysis:
The price of HOOK is currently testing the resistance area, and it's important to observe how it reacts in this zone. A rejection from this resistance area could lead to a downward movement towards the major support area. It may be prudent to wait for either a move towards the major support area or a clear break above the resistance area before considering new positions.
Major Support Area: $0.677-$0.72
Resistance Area: $0.87-$0.92
