Long

#HOOK/USDT

207
#HOOK

The price is moving in a descending channel on the 12-hour frame and is sticking to it very well and is expected to break it upwards

We have a bounce from a major support area in green at 0.5250

We have a downtrend on the RSI indicator that was broken upwards which supports the rise

We have a trend to stabilize above the 100 moving average which supports the rise

Entry price 0.4265
First target 0.5900
Second target 0.7240
Third target 0.8600

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