- 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)
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