MyCryptoParadise_Nathan

HOOK/USDT it is required break the resistance for continue UP!

BINANCE:HOOKUSDT   HOOK / TetherUS
πŸ’Ž HOOK has recently exhibited significant market dynamics, particularly as it encounters resistance in its current trading range.

πŸ’Ž HOOK needs to break and reclaim the price above this resistance level to signal a bullish reversal and probability continue its upward movement toward our target area.

πŸ’Ž However, if HOOK fails to overcome this resistance and experiences rejection, there is a possibility that the price will retreat and test support levels. The demand area around $1.16 to $1.023 is crucial in this scenario, as it has historically provided significant support.

πŸ’Ž If HOOK reaches the demand area, it must bounce from this level to maintain its bullish momentum. Failure to do so could lead to a bearish continuation, with the price potentially experiencing further downward movement.

Do you Want to start trading like a PRO?

Follow a team of traders with 10+ years of experience?

JOIN FREEπŸ‘‰ t.me/+IaNzEzXsdiBlNDg0

πŸŽ–οΈOr Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals πŸ‘‰ shorturl.at/ikpAV
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.