HOOK / TetherUSLong
HOOK/USDT bullish reversal from key support? 🚀HOOK Analysis
💎 Paradisers, focus on #HOOKUSDT! It's hinting at a bullish reversal from a key support level at $1.1186. Holding momentum here could signal an upcoming interesting move. Notably, it's also adhering to an ascending trendline, suggesting if the upward trajectory continues, it'll aim for the first resistance at $1.3914.
💎 Beyond breaking the $1.3914 resistance, the gates are set to swing open for an assault on even stronger resistance levels. Should #HOOK fall below the critical support at $1.1186, no need to worry—we're covered with a plan B at $0.9677. Think of this as a trampoline, ready to bounce the price back into bullish territory.
💎 A word of caution: if we breach this fallback support, it may indicate a deeper bearish trend as sell-offs increase. Staying vigilant and adaptable is essential as we tread through the #HOOK market developments.
💎 Beyond breaking the $1.3914 resistance, the gates are set to swing open for an assault on even stronger resistance levels. Should #HOOK fall below the critical support at $1.1186, no need to worry—we're covered with a plan B at $0.9677. Think of this as a trampoline, ready to bounce the price back into bullish territory.
💎 A word of caution: if we breach this fallback support, it may indicate a deeper bearish trend as sell-offs increase. Staying vigilant and adaptable is essential as we tread through the #HOOK market developments.
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.