$HUMA :
š Chart Analysis Summary:
This is a 1-hour chart of the H/USDT Perpetual Contract on Binance, and it shows a bullish breakout pattern.
ā Key Highlights:
š¹ Support Zone:
Marked around $0.07114 (green horizontal line).
Previously acted as resistance and is now flipped into support (a bullish sign).
š» Falling Wedge Pattern:
The price was consolidating within a falling wedge (black trendlines).
This is a bullish reversal pattern, and the price broke out upward, indicating potential further gains.
š Breakout & Target:
The price broke above the red downtrend line (resistance).
A measured move from the wedge projects a possible rise of $0.0112, or 15.64%.
That gives a target range around $0.095 to $0.11.
š Important Price Levels:
Current Price: $0.08277
Support Zone: $0.06982 ā $0.07114
Breakout Target: ~$0.095 ā $0.11
Resistance to Watch: ~$0.085
š” Trading Idea:
If the price pulls back to the $0.07114 zone and holds, it could be a good buy opportunity.
If it breaks above $0.085 with volume, it may push higher toward $0.095ā$0.11.
Consider setting stop-loss below $0.069 if entering near support.
Let me know if you want a trading plan or signal idea based on this!
