$HOOK š¤š¤š¤š¤š°š°š°
Current price action shows HOOK grinding near the low end of a wide range after getting rejected from the 0.0270 resistance zone. The daily structure is heavy, but we are holding above recent lows. This is a consolidation phase with a breakdown risk if 0.0210 fails.
The momentum is weak, but this creates a potential swing-long setup from the demand zone. Looking for a bounce off the 0.0213 support.
⢠Entry Zone: 0.0213 - 0.02153
⢠TP1: 0.0238
⢠TP2: 0.0259
⢠TP3: 0.0273
⢠Stop-Loss: 0.0205
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HOOKUSDT
Perp
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