🚨 $HOOK /USDT Flash Selloff – Potential for Reversal at Key Support! 🔥
$HOOK has seen a sharp decline from $0.0444 to a low of $0.0227, currently trading at $0.0247 (-1.98%). The price has bounced off the recent low and is holding near the $0.0247 support zone. A potential reversal is in play if it can maintain above this level. With 24H volume of 4.42M HOOK, watch for a breakout above $0.0254, which could push price toward the $0.0265–$0.0275 resistance range. If price fails to hold above the current support, downside risks to $0.0220 could come into play. Look for rising volume and momentum for confirmation of a bullish reversal. This could be an opportunity for traders to catch a bounce or breakout play. Keep a close eye on volume as this determines the next move.
HOOK
0.0225
-0.44%