HANAUSDT Perp: Surging +5%, Eyes on MA60 Break 🚀📈
HANA is trading at $0.02325, up +5.16% today, showing strong momentum. Price is currently testing the MA60 ($0.02342), which now acts as immediate resistance. The 24-hour range is wide, with a high of $0.03158 (key resistance) and a low of $0.01752 (major support), indicating high volatility.
Trade Idea (Break or Rejection at MA60):
Scenario 1 (Long on MA60 Breakout):
Entry Zone: $0.02350 – $0.02380 (on confirmed break above MA60)
Stop Loss (SL): Below $0.02300 (loss of breakout level)
Take Profit Targets (TP):
TP1: $0.02500 (initial resistance)
TP2: $0.02700 (next key level)
Scenario 2 (Short on MA60 Rejection):
Entry Trigger: Rejection at MA60 and drop below $0.02310
Stop Loss (SL): Above $0.02360
Take Profit (TP): $0.02200 → $0.02050
High 24h volume of 301.13M USDT confirms strong interest. Given the volatility, strict risk management is essential.