💎 HOOK has successfully break out of its descending channel, backed by impressive volume, and is currently in a retesting phase, aiming for further upward action.
💎 Prior to this breakout, HOOK made several attempts to breach the supply zone but was consistently rebuffed. However, just yesterday, HOOK shattered both the supply and the descending channel's resistance trendline, marked by a robust green candle. This signals bullish momentum for HOOK.
💎 Be on the lookout: this bullish narrative could be nullified if the price closes below the designated Bullish Invalidation level.
Keep those charts refreshed and stay tuned for more crypto updates! 🌴
Trade closed: target reached
â‹…
Nailed it again - #HOOK is up 51.79%, right on cue!