HOOD Market Technical Review



Weekly timeframe closed within the Bull Market Support Band—a constructive sign for bulls holding the line.

However, if sellers breach this critical zone, traders should keep a close eye on two key support levels marking potential reversals. Level 1 marks the first bullish order block where momentum could stabilize. If that cracks, Level 2 comes into play—a confluence zone combining the second bullish order block with a logarithmic Fibonacci level, offering a second chance for buyers to defend.

The setup rewards patience. Hold the band or find support below.
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MoonRocketTeamvip
· 5h ago
The bull market support band has held up. This move is quite interesting; now it's just a matter of whether the sellers dare to go all-in.
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MEVHunter_9000vip
· 5h ago
Hood is included in the support band this week, but I feel we still need to wait and see.
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PebbleHandervip
· 5h ago
Alright, it's the same old story. As long as the support holds, there will be more; if it breaks, just keep looking downward... Basically, it's just betting that it won't fall further.
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Whale_Whisperervip
· 5h ago
hold the band or game over,就这么简单
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LeekCuttervip
· 5h ago
Well, the support band held, but the real test will be when it reaches those two levels below.
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NFTragedyvip
· 5h ago
Hold the band 🤞 or else we'll have to see if level 2 can save the situation, to be honest.
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