Price Position and Structural State
Hana Network (HANA) closed at 0.01154 USDT on October 15, 2026, down 1.62%. The asset now sits in a sideways structure near the bottom of its 55-day range. Current 55-day support is near 0.0105 USDT, with resistance near 0.0228 USDT. A daily close below 0.0105 USDT would confirm a downside regime shift. A hold near support would keep price inside the range.
Moving Averages and Trend Context
HANA is trading below all key moving averages. MA9 at 0.012387 USDT stands as the first moving-average resistance area to watch. Price sits 25.41% below MA50, within its historical distance range of -61.92% to 137.28%. The moving-average structure is bearish without showing extreme downside extension.
Trading Friction and Price Efficiency
HANA shows high trading friction, with a 3-day friction score of 29.1. The score combines price progress, wick rejection, and volume confirmation. Recent candles show contested movement, with weak price progress or heavier wick rejection. In this condition, moves near support or resistance carry less weight until price closes more cleanly.
Open Interest, Funding, and Positioning
Open interest fell -6.11% in one day and remains near the lower side of its 180-day range. This shows participation is weak and exposure is still being reduced.
Funding is positive on the 24-hour average at +0.008105%, with the 7-day average also positive at +0.007616%. This shows sustained long-side cost pressure across both short and medium windows.
The long/short ratio is 3.79, sitting near the upper side of its 180-day range at 88.26%. This means long accounts are unusually dominant compared with recent history.
Correlation, Beta, and Index Relationship
HANA shows weak linkage to the broader crypto market (Sigloid Index). Correlation is limited, and R² indicates that index behavior explains only a small portion of its movement. This suggests price action is largely driven by asset-specific factors rather than broader market direction. Over the 30-day window, the relationship is stable. Over the 60-day window, the relationship is stable. Over the 180-day window, the relationship is stable.
| Window | Correlation | Beta | R² | Read |
|---|---|---|---|---|
| 30D | 0.264 | 0.341 | 0.07 | Weak linkage |
| 60D | -0.021 | -0.045 | 0 | Inverse linkage |
| 180D | 0.075 | 0.194 | 0.006 | Weak linkage |
Momentum, Volatility, and Indicator Pressure
HANA's volatility profile is controlled rather than stretched. ATR% reads 13.04, close to the bottom of its full historical range. Bollinger Band width% reads 21.76, close to the bottom of its full historical range. 20-day Volume Z-score is 0.24. Range expansion is not leading the setup right now.
MACD histogram has turned positive, while RSI is 31.93 and ROC14 is -6.94%. Short-term impulse is trying to turn first, but broader momentum and acceleration still lag.
The read is still incomplete: momentum is improving, but volatility or participation has not confirmed the move strongly enough.
Broader Market Regime
The Sigloid Index remains in a sideways regime, showing no clear broad market direction. HANA has a weak link to that market condition, so price behavior depends mainly on asset specific structure rather than the broader market.
Key Levels for the Next State Change
For HANA, the next structural shift depends on range boundaries. A daily close above 55-day resistance at 0.02375 USDT establishes a bullish regime, while a daily close below 55-day support at 0.01099 USDT confirms a bearish regime.