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HOOKUSDTPERP

Bullish Momentum Alert: Hook Unleashing Potential!Hey Traders! 🌐📈 🔄 Exciting Times for Hook! A bullish pattern is in play, and Hook has successfully broken out! 🚀 🔄 Retest & Surge: Brace for impact as we enter the retest phase; the path to higher levels awaits. 💹 Upward Trajectory Ahead: Anticipate Hook to climb even higher after a robust retest. 💰 DCA Power Move: Consider Dollar-Cost Averaging (DCA) from green levels for strategic entry. 🟢 Patience and strategic accumulation can amplify gains. 📊 Similar to CFX's chart: This chart looks like CFX's weekly chart. 🚨 Risk Management Advisory: 🛡️ Diversify and practice due diligence. Don't go all in; play it smart. It needs time , this is a weekly chart😉 DYOR (Do Your Own Research) for informed decisions. 🌟 Wishing You Success! Good luck on this exciting journey with Hook! 🚀💪
Long
by KarimMohsen
3
Two entry points for HOOK with a potential profit of 55%Hello everyone! I suggest you take a look at HOOK. After a long decline, the price found its bottom around $0.71 and has been in an accumulation zone for 70 days since August of this year. Currently, on the chart, we can see that the asset has successfully broken and tested the descending trendline and further broke a strong Fibonacci level at 0.236, establishing itself above it. I see two entry points, one is riskier (but with a higher profit potential of ~79%) and the other is slightly less profitable but, in my opinion, better than the first. The first entry point is around $1.125, where one of the asset's support/resistance zones is located, along with the EMA-200 passing through. Opening a position can be considered after the price breaks and establishes itself above this level. The second entry point is at the 0.382 Fibonacci level ($1.295), entering a position after the breakout and confirmation above this level (expected profit of ~55%). This is not financial advice, and everything you do, you do at your own risk!
Long
by TradeMyIdea