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Summary
• Price consolidated between $0.0371–$0.0376, with a bullish breakout above prior resistance at $0.0381.
• High volume confirmed the $0.0382 close, aligning with a 61.8% Fib level.
• RSI and MACD show moderate bullish momentum, with RSI approaching overbought territory.
• Volatility expanded in the final hours, with price near the upper Bollinger Band.
• Divergence in volume seen in pre-market hours, raising potential for sideways consolidation.
At 12:00 ET – 1, Hooked Protocol/Tether (HOOKUSDT) opened at $0.0363, reached a high of $0.0384, and a low of $0.0355, closing at $0.0381 at 12:00 ET. Total volume was 1.95 million, with notional turnover of $73,207.
Price Structure and Key Levels
Price action showed consolidation in the $0.0371–$0.0376 range for most of the day before a late-breakout to $0.0384. The 61.8% Fibonacci retracement level at $0.0382 was reached and confirmed by high-volume 5-minute bars, suggesting short-term bullish conviction. Key support appears at $0.0373, with a bearish engulfing pattern forming as price pulled back before closing.
Momentum and Indicators

Volatility and Bollinger Bands
Volatility expanded in the final 3 hours, with price reaching the upper Bollinger Band as volume surged. This indicates growing conviction in the upward move, but a reversal could occur if price closes below the middle band or retests the $0.0373 level.
Volume and Turnover
Volume spiked during the final 2 hours, especially around $0.0382–$0.0384, confirming the move. Notional turnover rose in tandem, showing aligned price and volume action. Earlier, volume dipped despite sideways price, hinting at reduced conviction in consolidation.
Fibonacci and Retracement Levels
Recent 5-minute swings show a clear 61.8% retracement level at $0.0382 being tested and confirmed by price and volume. On the daily chart, the 200SMA appears to be forming a key support barrier near $0.0369, which could become relevant if a pullback occurs.
Market participants may see a short-term bullish bias into the next 24 hours, especially if $0.0384 holds. However, a close below $0.0373 could trigger renewed bearish momentum, warranting a cautious stance.
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