$HANA Network Ignites with a 13.02% Breakout Surge
HANA Network rockets upward with a formidable +13.02% gain, catapulting the price to $0.011775. This surge elevates its market cap to $5.58M, fueled by a growing base of 6,390 on-chain holders.
Technically, the token has executed a decisive bullish move. It has powered above both the immediate 7-period moving average at $0.011525 and the 25-period MA at $0.011281. This dual breakout signals a strong shift in short-term momentum and establishes these levels as new support.
However, a significant challenge lies directly ahead. The price now approaches a major resistance barrier at the long-term 99-period moving average, positioned at $0.013420. This level will be the ultimate test for the sustainability of this rally.
Volume presents a cautionary note. The current volume of 374,630 is substantially below its 5-period average of over 1 million. This low-volume ascent raises questions about the strength of buyer conviction and warns of potential volatility. The bulls have claimed the near-term field, but the battle for the 99 MA is where the true war will be fought.
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