Amid the US non-farm payroll data falling below expectations, market sentiment has experienced some fluctuations. During this period, many cryptocurrencies have been searching for support levels, and HOOK has recently attracted a lot of attention.

From a technical perspective, the current price around 0.0408 presents some potential entry opportunities. If a golden cross signal appears on the 4-hour chart, it usually indicates that upward momentum may be starting, and it’s not too late to chase a position.

Risk management should be carefully considered—if the price breaks below 0.038, consider stopping out, as a breakdown often signals a deterioration in technical outlook. If the market cooperates, the first target can be set at 0.045. If luck is on your side and the price stabilizes, 0.049 is also within sight. Overall, this approach aims to find a relatively balanced entry point between bearish pressure and bullish opportunities.