HOOK is one of the few coins who recovered fast from that dramatic crash in first week of August. Currently it is heading towards upper line of descending channel which might be huge resistance but is most likely to break it.
After successful breakout, more than 100% could be expected.
💎 Paradisers, #HOOK has broken out of a trendline and formed a W pattern, which suggests an increased likelihood of a bullish move.
💎If #HOOKUSDT manages to break above the resistance level, it could signify a bullish continuation.
💎In the event of a pullback, we might anticipate a bounce from the bullish order block (OB) due to the overall bullish market...
HOOK/USDT Chart Analysis:
Bull Flag Formation:
HOOK/USDT is currently displaying a Bull Flag pattern, indicating a potential upcoming breakout.
Breakout Potential: Anticipating a breakout soon, with potential gains ranging between 20%-50% from the current level.
Strategic Entry: Consider entering around support levels for optimal risk management and potential...
