Technical analysis by Alpha-GoldFX about Symbol HOOK: Buy recommendation (8/9/2025)

HOOKUSDT is currently showcasing a classic bullish reversal pattern, backed by solid technical structure and increasing investor attention. The price has formed a falling wedge, a well-known bullish setup characterized by converging downward-sloping trendlines, suggesting that bearish momentum is waning. This setup typically precedes sharp breakouts and trend reversals. Recent breakout behavior and volume dynamics further strengthen the case for a strong upward move. Volume has remained strong throughout this consolidation phase, indicating accumulation and heightened market interest. This is a key confirmation, as volume backing enhances the reliability of the pattern. A breakout from the wedge supported by rising volume aligns well with typical behavior seen in successful bullish reversals. The technical outlook is reinforced by broader on-chain fundamentals. Hooked Protocol (HOOK) is a gamified, social-learning Web3 platform aimed at boosting mass blockchain adoption through quiz apps, quiz-to-earn mechanics, and onboarding infrastructure. It has demonstrated real traction, attracting millions of users across multiple products early on. According to TradingView analyst assessments, HOOKUSDT is positioned for potential gains of 90% to 100%+, reflecting a highly favorable risk-to-reward setup for swing and mid-term investors. Momentum traders are especially watching for a confirmed breakout and volume surge. This makes HOOKUSDT an intriguing altcoin breakout setup that merits close attention over the next few sessions. ✅ Show your support by hitting the like button and ✅ Leaving a comment below! (What is your opinion about this Coin) Your feedback and engagement keep me inspired to share more insightful market analysis with you!