Looking at the $HANA /USDT chart, the price is up by 14.80%, currently sitting at 0.01117 after a strong bounce from 0.00948. The price is now near the 24h high of 0.01122, which could act as a key resistance level.
Entry Points:
If you want to enter, the current price of 0.01117 could work, but be aware that it’s close to the resistance at 0.01122. If you're cautious, waiting for a small pullback to around 0.01082 (support level) could offer a better entry.
Stop Loss:
Place your stop loss just below 0.01082, around 0.01050, to protect yourself if the price starts to reverse.
Take-Profit Levels:
1. The first target could be 0.01122, the 24h high, where it might face resistance.
2. If it breaks through that, the next level could be 0.01195, a higher resistance point.
3. If the momentum continues strong, you might aim for 0.01246 as a more ambitious target.
Should You Buy?
The chart shows strong upward movement, so buying around 0.01117 could be a good move if you think the resistance at 0.01122 will break. However, if you're cautious, waiting for a small pullback to around 0.01082 might provide a safer entry. If the price breaks 0.01122, there could be more upside potential.
