Former Celsius Executive Sentenced to Time Served
- Sentencing Outcome: Former Celsius Chief Revenue Officer Roni Cohen-Pavon was sentenced to time served by a U.S. federal judge after providing crucial evidence that advanced the criminal case against former CEO Alex Mashinsky, highlighting his role in the Celsius fraud scandal.
- Cooperation Impact: Cohen-Pavon's cooperation is believed to have influenced Mashinsky's decision to plead guilty, as Mashinsky received a 12-year prison sentence tied to fraud charges related to Celsius's 2022 collapse, underscoring the significance of Cohen-Pavon's testimony.
- Financial Accountability: Cohen-Pavon agreed to pay over $1 million in fines, along with an additional $40,000 penalty, reflecting his acknowledgment of the damage caused to Celsius users and investors, which may impact his future reputation and opportunities.
- Regulatory Fallout: The regulatory repercussions of the Celsius case continue to grow, with Mashinsky permanently barred from promoting or offering asset-related services and facing a $4.72 billion judgment, most of which remains suspended pending compliance with legal conditions.
Get Real-Time Alerts for Any Crypto Movement
Technical Analysis for HANA
Technical Sentiment Analysis for Hana Network (HANA). As of , Hana Network (HANA) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 7 technical signals, shows that 5 indicators are flashing buy, while 2 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for HANA stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, HANA is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Hana Network (HANA) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0253 | 0.0277 | 0.0299 | 0.0323 | 0.0344 | 0.0368 | 0.039 |
| Fibonacci | 0.0277 | 0.0295 | 0.0305 | 0.0323 | 0.034 | 0.0351 | 0.0368 |
About HANA
About the author
