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$HANA | 1h | Rejection Short
Bias: Short
Entry Zone: 0.0475 to 0.0482
Stop Loss: 0.0502
Targets:
TP1: 0.0450
TP2: 0.0430
TP3: 0.0405
Invalidation:
Close above 0.0488
Why This Setup:
I see price spiking into a clear resistance area after an impulsive move, then showing rejection and failure to hold the highs. I prefer shorts while HANA stays below the 0.0480 to 0.0488 supply zone, with room for a pullback toward the prior breakout area and lower liquidity.