Technical analysis by CryptoAnalystSignal about Symbol HOOK: Buy recommendation (3/7/2025)

#HOOKThe price is moving in a descending channel on the 1-hour frame and is expected to continue upwardsWe have a trend to stabilize above the moving average 100 againWe have a descending trend on the RSI indicator that supports the rise by breaking it upwardsWe have a support area at the lower limit of the channel at a price of 0.1560Entry price 0.1700First target 0.1800Second target 0.1906Third target 0.2030