HOOK RETURNSBack to $HOOKUSDT. In the past months, all the prediction from top to bottom vice versa have been called and right now I believe according to technical analysis (Elliott Wave and Classical) we are either in a new trend entirely (long term bullish) or we are in some kind of correction (temporal bull run).
Hook should start dropping from this moment at the resistance of the ascending channel to the support to complete wave C of wave X-yellow.
It is too early to place an invalidation level just at the current swing high because price might still retest there even though it is expected to go down in coming days by at least 7%, however I will keep updating.