Market Overview for Hooked Protocol/Tether (HOOKUSDT) – 24-Hour Summary

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Saturday, Jan 17, 2026 6:49 am ET2min read
HOOK
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Aime RobotAime Summary

- HOOKUSDT surged to 0.0407 on 2026-01-16, closing at 0.0402 after a bullish 5-minute breakout confirmed by sharp volume spikes.

- RSI hit overbought levels near 0.0407 while Bollinger Bands showed moderate volatility, with price near the upper band late in the session.

- Key support at 0.0401-0.0403 consolidated post-breakout, but declining volume suggests waning momentum and potential short-term pullback risks.

- Fibonacci levels highlight 0.0403 as a near-term floor, with a sustained close above 0.0404 potentially triggering a retest of 0.0407 resistance.

Summary
• Price surged to 0.0407 before consolidating near 0.0402–0.0404.
• Volume spiked sharply during the 17:45 ET–18:00 ET window, confirming a bullish breakout.
• RSI hit overbought territory around 0.0407, suggesting short-term pullback risk.
• Bollinger Bands show moderate volatility, with price near the upper band late in the day.
• No clear bearish reversal patterns formed, but bullish momentum is losing steam.

Market Overview


Hooked Protocol/Tether (HOOKUSDT) opened at 0.0386 on 2026-01-16 12:00 ET and reached a high of 0.0407 during the session. The pair closed at 0.0402 at 2026-01-17 12:00 ET, with a low of 0.0384. Total volume amounted to 19,655,084.2 and turnover stood at 798,604.83.

Structure & Patterns


Price action showed a strong bullish breakout during the 17:45–18:00 ET period, with a large bullish candle forming on the 5-minute chart. A high of 0.0407 marked a short-term resistance level that was briefly breached, suggesting potential for a follow-through move if buyers continue to step in. A key support zone appears to be forming around 0.0401–0.0403, where price consolidated after the initial rally. A series of smaller bullish and bearish candles in the morning indicated indecision before the breakout.

Moving Averages


On the 5-minute chart, the 20-period and 50-period moving averages are both trending upward, supporting a bullish bias. The daily chart would show the 50-period and 200-period moving averages in a bullish alignment, which reinforces the near-term upside potential but highlights the need for a broader context.

Momentum and Volatility


The RSI reached levels above 70, signaling overbought conditions around the high of 0.0407, suggesting the potential for a near-term correction. MACD remained positive but showed signs of divergence in the final hours, indicating waning bullish momentum. Bollinger Bands reflected moderate volatility with price near the upper band in the final hours of the session, suggesting a possible mean reversion or consolidation phase ahead.

Volume and Turnover


Volume surged significantly during the 17:45–18:00 ET window, aligning with the price breakout and confirming the move. Turnover also saw a corresponding spike, which supports the strength of the move. However, both volume and turnover declined after the breakout, indicating a potential exhaustion of buying interest.

Fibonacci Retracements


The 38.2% Fibonacci level on the 5-minute chart coincided with the consolidation zone around 0.0403, acting as a temporary floor. On the daily chart, a retracement to the 61.8% level could be a target if the recent rally continues. A breakdown below 0.0401 would invalidate the current bullish bias and could trigger a test of the next support at 0.0395–0.0398.

Price may continue to consolidate or test the 0.0403–0.0404 range in the next 24 hours. A sustained close above 0.0404 could trigger a retest of 0.0407. Investors should watch for signs of divergence in momentum indicators, as overbought conditions and a lack of follow-through buying may limit upside potential.