$HANA Market Update: Short Liquidation Alert!
A $2.31K short liquidation just hit at $0.05007, signaling aggressive short covering as sellers lose grip. The price action shows clear signs of strength returning to HANA, hinting at potential bullish momentum building up.
Key Levels to Watch:
Support: $0.0488 — strong defense zone where buyers previously stepped in.
Resistance: $0.0525 — a breakout above this could invite a quick push toward $0.0550.
Market Insight:
This short squeeze reflects renewed buying interest, likely fueled by traders anticipating a bounce from oversold levels. Momentum indicators are turning positive, confirming the growing confidence among bulls.
Trading Plan:
Buy Entry: Around $0.0492–$0.0500 (on minor dips).
Target Sell Zone: $0.0545–$0.0550.
Stop-Loss: Below $0.0485 to manage downside risk.
Next Move:
If HANA can sustain above $0.051, expect a potential breakout rally with increased volume. Keep an eye on market sentiment — the bulls might just be getting started!
#GoldHitsRecordHigh #Token2049Singapore #USGovShutdown #MarketUptober #BTC125Next?