$HOOK /USDT is keeping traders on edge right now. Price is hovering around 0.0351 USDT, down 13.12% on the day, after a sharp rejection from the 0.0410 high. Bears pushed it as low as 0.0287, but buyers stepped in and defended the dip, keeping the structure alive. On the 15-minute chart, price is moving sideways with tight candles, showing hesitation after the sell-off. MA(7) and MA(25) are almost flat around 0.0350, signaling short-term consolidation, while MA(99) near 0.0372 remains a heavy resistance overhead. Volume stands strong at 43M HOOK, suggesting active participation despite the drop. As long as 0.0345–0.0350 holds, a bounce attempt toward 0.0365–0.0370 is possible, but a loss of this support could reopen downside pressure. Volatility is high, emotions are hot, and HOOK is clearly at a decision zone where the next move could come fast.

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