✍️ Brief Technical Analysis for HUMA/USDT - For the Current Trading Day ✍️
Be prepared for the next move: The market whispers to the awake!
🔻📌 A Quick Look at the Indicators:
- 📉 General Trend:
The price is trading below the moving averages (EMA7, EMA25, EMA99), reflecting ongoing selling pressure.
- 🔄 MACD Indicator:
The shy positive crossover between DIF and DEA hints at a potential reversal, but it needs confirmation from stronger trading volume.
- 📊 Relative Strength Index (RSI):
- RSI(6) = 42
- RSI(14) = 47.6
The momentum is neutral leaning weak, with no overbought or oversold conditions, allowing for a short-term rebound opportunity if supported by volume.
- 🔥 Daily Volume:
Around 247,000, an average level indicating market caution.
♦️ Critical Levels:
- Nearby Support: 0.0345
- Expected Resistances:
- First resistance at 0.0365
- Then 0.038 as a second target if the rebound is confirmed
📌 Technical Expectation:
If the price manages to hold above 0.035, with a clear breakout of the short EMA, we might see a rebound towards 0.0365, and from there begins the journey to test real momentum.
🧠 Smart trading is not about predicting everything, but being prepared for anything.
#humafinance #SoftStaking #esmatalmohammedi $HUMA $WCT $LA @WalletConnect @Huma Finance 🟣 @Lagrange Official