$HANA is showing strong buy volume, resulting in a powerful bullish candle. There are about 4 hours left until the daily close.
Taking into account the MACD on the daily chart, we see high volume that should be followed by further momentum. To confirm this, today's daily candle must close with a large body.
As a potential entry point, I’m looking at a minor correction at the start of the new day. Specifically, I would wait for HANA to hit the 0.018 – 0.019 range for a long position. For the rally to continue, the price needs a support level (point of anchor), which I see at the MA10 on the 4H chart and the MA100 on the 15M chart. I consider these zones promising for continuing the long after a pullback.
This is going to be interesting.
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