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Hooked Protocol(HOOK): 200EMA Holding Strong!!

BYBIT:HOOKUSDT.P   HOOKUSDT Perpetual Contract
200EMA has been tested multiple times and has been holding strong! With the bullish movement it has been having, it shows good strength for potential growth here, for sure, but we need to keep an eye on that EMA!

As long as we are above the 200EMA, we are going to go further to the upper zones! Once the 200EMA is broken and secured by sellers, we can see some major corrections for HOOK to come!

Swallow Team
Comment:

200EMA was broken completely and resulted in a nice 27% of movement here as well!
Comment:
After a nice breakdown of 200 EMA (with good massive liquidity movement), the price has been slowly moving to lower zones.

Currently looking to recover, teasing those EMAs there!

🟢Trade Was Success (After The Breakdown of EMA / Although It Was Quick One)

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