Reason: HANA coin is currently priced at $0.02446, with a 9.31% plunge within 1 hour, rapidly dropping from $0.02697. The long-short ratio of 0.91 indicates that the bears are clearly in control. The contract volume of 0.68x shows market activity is high but the direction is clear; technically, it has broken below the short-term support level. Buying pressure is only 0.87x, indicating a lack of rebound strength and a strong bearish trend. As a newcomer in the privacy coin sector, despite long-term potential, intraday trading should follow the short-term trend. The current price has entered a downtrend. It is recommended to add positions in the $0.023-$0.024 range, with a stop-loss set above $0.0255, targeting a lower level of $0.022.
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$HANA Current price 0.02446 Short
Reason: HANA coin is currently priced at $0.02446, with a 9.31% plunge within 1 hour, rapidly dropping from $0.02697. The long-short ratio of 0.91 indicates that the bears are clearly in control. The contract volume of 0.68x shows market activity is high but the direction is clear; technically, it has broken below the short-term support level. Buying pressure is only 0.87x, indicating a lack of rebound strength and a strong bearish trend. As a newcomer in the privacy coin sector, despite long-term potential, intraday trading should follow the short-term trend. The current price has entered a downtrend. It is recommended to add positions in the $0.023-$0.024 range, with a stop-loss set above $0.0255, targeting a lower level of $0.022.