#HOOK/USDT#HOOK
The price is moving in a head and shoulders pattern on the 1-hour frame, adhering well to it, and is heading for a strong breakout upwards and retesting it, forming the right shoulder.
We have a bounce from the lower channel line to the right shoulder, which is support at 0.0890.
We have a downtrend on the RSI indicator that is about to be broken and retested, supporting the upside.
We have a trend of consolidation above the 100 moving average.
Entry price: 0.0970
First target: 0.1000
Second target: 0.1039
Third target: 0.1096
