🤖 AI Insight

Based on the 1-week chart of HOOKUSDT, I would advise the following:

**Long/Short Entry:**

Potential long entry: After a dip to the nearest support level around 0.12-0.13, look for a breakout above the EMA25 (0.2471) to enter a long position.

Potential short entry: If the price bounces off the resistance level around 0.15-0.16, consider a short entry following a bearish reversal pattern or a downward break below the EMA7 (0.1388).

**Spot Buy:**

Based on the descending trend and decreasing volume trend, I would recommend waiting for a pull-back to a more supportive level, around 0.10-0.11, before entering a long position. At this price, the risk-reward ratio would be more favorable.

Additionally, keep an eye on the MACD histogram, which is approaching a potential bullish cross. If the MACD lines converge and cross above the signal line, it could be a bullish signal.