HOOD weekly chart showing some weakness—not ideal price action right now. That said, there's meaningful buying interest clustering around current levels. Should we see further downside, there's a solid support zone worth paying attention to: the convergence of the 50-week moving average, an accumulation block below, and the 1.0 Fibonacci extension. This three-layer support structure could provide a strong foundation if sellers gain control.
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AirdropHunterXiao
· 12h ago
Hood has been a bit weak this week, but the bottom accumulation signs look good. The real test is still ahead.
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rugged_again
· 12h ago
Hood this wave is indeed a bit disappointing, but the bottom accumulation looks pretty good.
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TokenCreatorOP
· 12h ago
Hood is a bit weak this week, but there are indeed people picking up the bottom. It should be able to hold if it drops further.
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MetaLord420
· 12h ago
Hood's recent weakness is a bit excessive, but the buying pressure below is quite strong... Let's wait and see if it can break through that three-layer support.
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BagHolderTillRetire
· 12h ago
This support level is really solidly built; it looks like the big players are determined to hold it firmly.
HOOD weekly chart showing some weakness—not ideal price action right now. That said, there's meaningful buying interest clustering around current levels. Should we see further downside, there's a solid support zone worth paying attention to: the convergence of the 50-week moving average, an accumulation block below, and the 1.0 Fibonacci extension. This three-layer support structure could provide a strong foundation if sellers gain control.