$HOOK Update: Liquidity Grab & Short-Term Pullback
On the 15m chart, $HOOK showed a sharp impulsive wick to 0.01580, immediately rejected by a bearish candle — a clear liquidity sweep. Price is now pulling back toward the 0.0130–0.0132 support zone after an overextended move.
🎯 Entry Zone (Long): 0.01280 – 0.01330
Target Levels:
TP1: 0.01380
TP2: 0.01430
TP3: 0.01490
TP4: 0.01580
🛑 Stop Loss: 0.01220
Bias: Bullish after the sweep if price holds above 0.01280. A reclaim of 0.014 could trigger continuation toward the previous high.
⇢ Trade $HOOK with caution and manage risk accordingly.
HOOKUSDT
Perp
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