$HANA USDT Strong Rally But Rejection Near 0.0385 What Next
HANAUSDT is trading around 0.03680 after an aggressive intraday rally that pushed price toward the 0.03840 zone, which aligns with the 24h high at 0.03844. The 24h low sits at 0.03289, showing a strong expansion range and increased volatility.
Technical Analysis
Key Support Levels:
0.03600 immediate intraday support
0.03480 – 0.03500 previous consolidation zone
0.03290 major 24h demand
Key Resistance Levels:
0.03840 – 0.03850 strong rejection zone
0.03900 psychological resistance
On the 15m chart, price formed a strong bullish impulse followed by upper wicks near 0.0385, indicating profit-taking and short-term seller presence. Structure still shows higher highs and higher lows, so the trend remains intact for now. RSI is likely cooling from overbought levels after the sharp rally, while MACD momentum may be flattening after bullish expansion. A healthy pullback would not invalidate the trend unless 0.03480 breaks.
Market Sentiment
Short-term sentiment remains Bullish, but momentum is slowing after rejection at resistance. Buyers still have control unless key supports fail.
Strategy
Aggressive traders may consider pullback entries near 0.03600 with tight risk below 0.03480. Conservative traders should wait for a confirmed breakout and hold above 0.03850 before targeting 0.03900 and beyond.
Current recommendation: Wait for either a clean breakout or a structured pullback. Avoid chasing at resistance.
Do you expect continuation above 0.03900 or a deeper correction toward 0.03500 first?
Not Financial Advice. Always manage your risk.
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