$HUMA Alert: Massive Short Liquidation Sparks Momentum
A sudden short liquidation worth $1.4226K at $0.03783 has ignited interest in $HUMA. This move signals that bears are getting squeezed, and the bulls might be taking control. With volume rising and key resistance zones being challenged, $HUMA could be setting up for a powerful upside rally.
Technical Analysis:
Buy Zone:
$0.03620 – $0.03800
This zone shows strong accumulation after the liquidation. Price is building strength here, suggesting it's a high-probability entry region.
Target Levels:
Target 1: $0.04150 – Key resistance from recent swing highs
Target 2: $0.04580 – Liquidity gap zone
Target 3: $0.05200 – Psychological and technical breakout level
Stop-Loss:
Below $0.03450
Placing the stop here protects against false breakouts while allowing room for volatility.
Why this setup matters:
The liquidation event shows trapped sellers. Price action is consolidating with increasing volume near breakout resistance. If $0.03800 flips into support, a strong upward impulse could follow as short-sellers rush to cover.
Conclusion:
Momentum is shifting. The liquidation at $0.03783 could be the spark for a trend reversal. $HUMA is now on the radar for a breakout with potential for rapid gains. Stay sharp, watch for confirmation, and manage your risk with precision.