$HANA (1h) - Resistance Rejection Short


Bias: Short
Entry (Zone): 0.0432 - 0.0440
Targets:
TP1: 0.0410
TP2: 0.0390
TP3: 0.0368
Stop Loss: 0.0452
Why this Setup:
I see price pushing into a clear resistance area after a sharp rally, and I want to fade the move if momentum starts to stall here. I’m looking for a rejection from this zone because the run-up is extended and a pullback toward the prior breakout levels looks likely if buyers lose control.
HANA20.29%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned