đš HANA/USDT BEARISH CONTINUATION SETUP đš
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.
đ SIGNAL
đŽ Bias: SHORT
đ Entry: $0.0196 â $0.0205
đŻ TP1: $0.0180
đŻ TP2: $0.0165
đŻ TP3: $0.0148
đ SL: Above $0.0215
đ„ 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 $0.0196â$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.
â ïž 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. đŻ
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.
đ SIGNAL
đŽ Bias: SHORT
đ Entry: $0.0196 â $0.0205
đŻ TP1: $0.0180
đŻ TP2: $0.0165
đŻ TP3: $0.0148
đ SL: Above $0.0215
đ„ 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 $0.0196â$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.
â ïž 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. đŻ
Manage risk carefully.
#HANA #HANAUSDT #Binance #Trading #Altcoins $HANA