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HOOK Trades Steadily Close to the Support Level at $1.65

Published 2022-12-12, 01:49 p/m
© Reuters. HOOK Trades Steadily Close to the Support Level at $1.65

  • The native token of Hooked Protocol, HOOK, is currently down by about 16.34%.

  • HOOK trades close to its support at $1.65.

  • Technical indicators show a bearish trend for HOOK.

Looking at the hourly chart of Hook/USDT, HOOK is trading relatively close to its support area at $1.6578. The resistance 1 lies at $2.3456, while the resistance 2 resides at $3.0420. If HOOK can break its current resistance 1, we can expect HOOK to reach $3.

HOOK /USDT 1-hour price chart (Source: TradingView)

The post HOOK Trades Steadily Close to the Support Level at $1.65 appeared first on Coin Edition.

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