PROANALYSISTRADER Telegram 27705
#HOOK/USDT analysis -

#HOOK is currently in a downtrend, hitting new lows and trading below the 200 EMA. The price is currently testing the resistance zone after an impulsive move. It is anticipated that the price will reject from there and continue to test new lows shortly. Enter when the price begins declining from the resistance zone. The previous swing low will be the target level.

TF : 1h
Entry : $0.5767
Target : $0.5316
SL : $0.6036



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#HOOK/USDT analysis -

#HOOK is currently in a downtrend, hitting new lows and trading below the 200 EMA. The price is currently testing the resistance zone after an impulsive move. It is anticipated that the price will reject from there and continue to test new lows shortly. Enter when the price begins declining from the resistance zone. The previous swing low will be the target level.

TF : 1h
Entry : $0.5767
Target : $0.5316
SL : $0.6036

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