🚨 HANA/USDT BEARISH CONTINUATION SETUP 🚨
HANA is trading around $0.01913 after a brutal selloff from the $0.034 area. Price remains below the MA(25) and MA(99), while the MA(7) is still sitting around the current price showing that sellers continue to control the 1H structure.
📊 SIGNAL
🔴 Bias: SHORT
📍 Entry: $0.0196 – $0.0205
🎯 TP1: $0.0180
🎯 TP2: $0.0165
🎯 TP3: $0.0148
🛑 SL: Above $0.0215
🔥 HANA has been making lower highs and lower lows throughout the entire 1H downtrend. The latest selloff pushed price to around $0.01877, followed by a small consolidation near the lows.
The key now is not chasing the dump.
A bounce into the $0.0196–$0.0205 area followed by rejection could offer a cleaner short entry. If sellers regain control, the recent low around $0.01877 becomes the first major target.
⚠️ If HANA reclaims and holds above $0.0215, the bearish setup is invalidated. This is a highly volatile perp wait for confirmation and control your risk.
Trade the setup, not the emotion. 🎯
Manage risk carefully.
#HANA #HANAUSDT #Binance #Trading #Altcoins $HANA
HANA is trading around $0.01913 after a brutal selloff from the $0.034 area. Price remains below the MA(25) and MA(99), while the MA(7) is still sitting around the current price showing that sellers continue to control the 1H structure.
📊 SIGNAL
🔴 Bias: SHORT
📍 Entry: $0.0196 – $0.0205
🎯 TP1: $0.0180
🎯 TP2: $0.0165
🎯 TP3: $0.0148
🛑 SL: Above $0.0215
🔥 HANA has been making lower highs and lower lows throughout the entire 1H downtrend. The latest selloff pushed price to around $0.01877, followed by a small consolidation near the lows.
The key now is not chasing the dump.
A bounce into the $0.0196–$0.0205 area followed by rejection could offer a cleaner short entry. If sellers regain control, the recent low around $0.01877 becomes the first major target.
⚠️ If HANA reclaims and holds above $0.0215, the bearish setup is invalidated. This is a highly volatile perp wait for confirmation and control your risk.
Trade the setup, not the emotion. 🎯
Manage risk carefully.
#HANA #HANAUSDT #Binance #Trading #Altcoins $HANA