Today My crypto Alert - 14th August,2024

Hello, everyone.
I am a crypto analyzer. Everyday I try to share some crypto coin. If anyone want to follow my signal, you can. I think you can be benefited from my signal. So now I am sharing the result of my analysis...

#HOOK/USDT ANALYSIS

HOOK has broken out of the descending channel with significant volume, indicating potential bullish momentum. It is currently retesting the breakout level, and a successful retest would confirm the bullish trend.

The 21-day moving average is providing additional support just below the current price action. However, if the retest fails, the price may re-enter the channel, leading to further downward movement.