$HANMI is building a solid base for a potential recovery bounce after holding firm near local lows, offering a great entry window for a long position.
Entry: 148.00 – 149.90
TPs: 155.00 | 160.50 | 164.25
SL: Below 142.00
Why Long?
The asset is stabilizing after defending the 145.74 support floor, currently changing hands around 149.92.
On the 1-hour chart, the MACD indicator shows the bearish momentum histogram contracting and flattening out near the lows, indicating that heavy selling pressure is fading.
The RSI sits at 43.4, pointing to a neutral-to-oversold condition that provides plenty of room for buyers to step back in and push a recovery wave toward the 164.27 local resistance peak.
Entry: 148.00 – 149.90
TPs: 155.00 | 160.50 | 164.25
SL: Below 142.00
Why Long?
The asset is stabilizing after defending the 145.74 support floor, currently changing hands around 149.92.
On the 1-hour chart, the MACD indicator shows the bearish momentum histogram contracting and flattening out near the lows, indicating that heavy selling pressure is fading.
The RSI sits at 43.4, pointing to a neutral-to-oversold condition that provides plenty of room for buyers to step back in and push a recovery wave toward the 164.27 local resistance peak.