$HUMA Elliott Wave Update – Correction Phase in Play

After completing a clean 5-wave impulse structure, #HumaFinance entered an ABC corrective phase – and it's unfolding exactly as expected.

🔹 Wave (a): Strong sell-off after the top at $0.0456

🔹 Wave (b): Recent bounce toward $0.041, now rejected

🔹 Wave (c): Currently unfolding and targeting the 0.618 Fibonacci retracement near $0.0337

📉Short-term outlook suggests further downside until the (c) wave completes, which may align with overall market consolidation.

Resistance: $0.041

Support Target: $0.0337 – $0.034

Breakdown confirmation below: $0.037

If price holds the 0.618 zone and volume rebounds, it could mark the next higher low and a potential re-entry zone for the next wave cycle.