Market Overview for Hooked Protocol/Tether (HOOKUSDT)

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Saturday, Jan 10, 2026 7:39 am ET1min read
HOOK
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Aime RobotAime Summary

- HOOKUSDT fell to $0.0383, a 24-hour low, amid surging overnight volume.

- Bearish engulfing patterns and RSI oversold conditions signal continued downward pressure.

- Key support at $0.0385 and resistance near $0.0405 highlight critical price levels.

- Expanding Bollinger Bands and aligned volume-turnover confirm heightened volatility.

Summary
• Price declined sharply to a 24-hour low of $0.0383, finding limited support.
• Volume surged in early morning hours, confirming bearish momentum.
• RSI suggests oversold conditions, but price remains below key moving averages.
• A bearish engulfing pattern formed at the high of $0.0398, signaling further downward bias.
• Bollinger Bands constricted during consolidation, now expanding as volatility rises.

Hooked Protocol/Tether (HOOKUSDT) opened at $0.0393 on January 9 and fell to a 24-hour low of $0.0383 before closing at $0.0404 on January 10 at 12:00 ET. The pair traded between $0.0383 and $0.0412, with a total 24-hour volume of 18,544,449.5 and turnover of $743,046.7.

Structure & Moving Averages


On the 5-minute chart, price broke below the 20- and 50-period moving averages, confirming a bearish bias. On the daily chart, the 50-period MA sits near $0.0405, acting as a potential near-term level to watch. A breakdown below $0.0385 could trigger further tests of prior support levels.

Momentum and Volatility


The RSI dipped into oversold territory below 25 during the early morning hours, but price failed to bounce meaningfully. MACD remained negative with bearish divergence, suggesting continued downward pressure. Volatility expanded after a prolonged contraction, with price now trading near the lower Bollinger Band.

Volume and Turnover Analysis


Volume spiked sharply overnight, especially between 02:45 and 08:00 ET, with a massive 372,045.4 volume candle at 07:30 ET. Turnover followed in step, confirming the strength of the bearish move. Divergence between price and turnover was not observed, signaling aligned bearish momentum.

Fibonacci Retracements and Patterns


The decline from $0.0398 to $0.0383 aligns with a 61.8% Fibonacci retracement level from a previous upswing, reinforcing the significance of the $0.0385 level. A bearish engulfing pattern formed at $0.0398, signaling potential continuation lower.

The market appears to favor a continuation of the downward trend, with key support near $0.0385 and resistance at $0.0405. Investors should watch for a potential bounce or breakdown in the next 24 hours, while being cautious of increased volatility and shifting sentiment.