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Bearish Rejection Breakdown Confirmed
HANA is showing signs of exhaustion here after the recent push, and price is getting overextended short term, so patience on shorts matters.
HANA — SHORT
Entry: 0.04400 – 0.04440
SL: 0.04520
TP1: 0.04350
TP2: 0.04280
TP3: 0.04200
TP4: 0.04100
Leverage: 10x – 15x
HANA failed to hold its breakout structure after the recent upside expansion, showing sellers are stepping back in. The current zone looks like a distribution area rather than a healthy pullback, as momentum is fading above key levels. Volume is drying up, and trend structure is starting to favor a reversal. Since price already moved aggressively, chasing longs carries high risk. The best approach is letting price reject cleanly before the next leg down.
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