📉 $HUMA /USDT Spot Trade Signal + Technical Analysis (1H Chart)

Short-term Traders: Avoid long entries unless price breaks above 0.05950 with volume.

Possible Buy Setup: Watch for a bullish breakout above MA(25) with confirmation.

Risk Management: If entering, set tight stop-loss below 0.05500.

Signal: ⚠️ No Spot Buy Signal yet – Caution Advised

Trade Bias: Bearish/Neutral short-term

🧠 Technical Analysis:

1. Price Action

Current Price: 0.05753 USDT

24h Low: 0.05550 — This was recently tested, indicating selling pressure near support.

24h High: 0.06708 — Sharp rejection, suggesting resistance up top is strong.

Trend: Downtrend persists with lower highs and lower lows forming.

2. Moving Averages

MA(7): 0.05807 (yellow) — Price is below MA(7), showing weak short-term momentum.

MA(25): 0.05997 (pink) — Price is also below the MA(25), confirming medium-term bearish trend.

Price vs MAs: Consistent rejection from both moving averages.

3. Volume

Volume Spike (bottom): Noticeable increase during the dump to 0.05550, followed by decreasing volume on the recovery candles — classic sign of a weak bounce.

4. Support & Resistance

Immediate Resistance: ~0.05885 – Rejection from this level shows active sellers.

Immediate Support: ~0.05550 – Recent bounce occurred here.

Next Support Zone: ~0.05450 – If 0.05550 breaks, further downside is likely.

5. Candle Structure

A small consolidation is forming between 0.05550 and 0.05885, but with lower volume and bearish dominance.