🚨 Technical Analysis Alert of $HOOK 🚨
🔘Current Price: $0.4113 (+11.74%)
☢️Key Levels:
🔺24h High: $0.4440
🔻24h Low: $0.3625
🔴Resistance: $0.4440
🟢Support: $0.4141
📢 Trade Strategies:
🟢 Long Trade:
Entry Point: Above $0.4440
🎯Targets:
--Target 1: $0.4488
--Target 2: $0.4540
🚫Stop Loss: $0.4141
🔴 Short Trade:
Entry Point: Below $0.4141
🎯Targets:
--Target 1: $0.3796
--Target 2: $0.3625
🚫Stop Loss: $0.4440
🚀 Analysis:
📈Bullish Scenario: A breakout above $0.4440, the 24h high and key resistance level, may indicate continued bullish momentum. This could lead to further upside towards the defined targets.
📉Bearish Scenario: A drop below $0.4141 could signal a reversal, with potential downside moving towards the recent low of $0.3625
( keeping in view the 1h chart it is showing a bearish trend but currently Bitcoin dominance is prevailing so anything can be expected )