๐Hooked Protocol is currently exhibiting an intriguing trend as it has successfully broken out from a falling wedge pattern, indicating a potential bullish move on the horizon.
๐ Another key observation is that HOOKUSDT is trading above the EMA 50 and maintaining its position strongly, which could potentially fuel a robust bullish momentum.
๐ The volume is also showing a significant spike, further triggering bullish sentiments. However, if the price re-enters the invalidation zone and breaks down, it could lead to a bearish shift.
๐In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey