HOOK USDT compression below resistance

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Our bots ORANGE detection triggered for HOOK.

Increase in volume (which is paramount to have a decent size move to any direction) and major Support/Resistance level (orange line) touched on daily time frame (demand zone).

We can buy yellow area accoring to demand > trading volume > hence previous Price Action.

It looks like the point of interest on lower timeframes

Bullish divergences playing out on 12H timeframe normally showing a potential for a bounce from the area.

Buy area: YELLOW rectangle

Buying range: ORANGE/BLUE label

Take-Profits: on chart

Stop-Losses: according to your risk tolerance to any line below entry price

REMEMBER: set Stop-Loss at Break-Even when u are in profit FOR a ZERO risk trade

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HOOK on track