Hang Seng Index wraps. With price trapped in between 25800 resistance and 25,000 supportThere is a huge move brewing for HSI.
Key levels to watch
- rising: Daily close above 25800 Opens a quick march to 27,047.
- bearish: loss 24800 The floor indicates sliding toward 24,087.
With global liquidity shifting, will the Hang Seng see a “Santa rise” at the end of the year or a decline in January? Watch level 25000; This structural axis will determine the direction in early 2026.
Key resistance areas (where marches are culminated)
Note: We used it Size profile and anchored vWAPs To highlight price areas where the most trading has occurred since April 2025. These areas of high volume often act as key support or resistance levels.
25,800 – 25,900
- vWAP+POC has been declining since November.
- All thrust into this area has stopped.
- Obviously sellers are active here.
If the price accepts above this area (daily close), an uptrend opens quickly towards value expansion.
27.047 – VAH for Rally 2025
- High value area for the entire 2025 advance
- This is the real upside target, Hang Seng needs to break this level to continue expanding.
Key support areas (where buyers should defend)
24,800 – 25,000
- Large knot.
- VWAP for pooling.
- Psychological round number.
- This is structural bullish support.
As long as the price holds here, this remains a bullish consolidation phase.
24.087 – VAL value for the 2025 rally
- If the HVN fails, this becomes the next negative magnet.
- Acceptance below here indicates extreme weakness in the rally.
What the structure says
- Lower highs were pressuring vWAP resistance.
- Higher lows still hold value support.
- This equals the winding energy, not double.
However, this is solved in one of two ways:
Bullish decision
- Breakout and acceptance above 25800.
- Fast rotation of about 27,000 VAH.
- Typical liquidity behavior at the end of the year supports this path.
Bearish decision
- Failure + Acceptance is less than 24800.
- Rotation towards VAL ~ 24,100.
- This is likely to happen in early January, not late December.
Major caveat
the The vWAP for the entire spike remains untested. Great psychological levels such as 25,000 HKD They have a strong tendency to reconsider.
If the price drops to this area but quickly recovers, a quick recovery and push up would be structurally consistent with this chart.
Basic background on China
China’s policy remains supportive but measured. Real estate pressures have eased without turning into a driver of growth, while global liquidity conditions quietly favor Asian stocks. With sentiment remaining cautious, fundamentals are neutral to supportive and leave room for upside if the price is confirmed.
Lower ling
Fundamentals won’t push the HSI higher on their own, but they won’t prevent a breakout either. Price confirmation is still the trigger.


