HUMA/USDT Rebound in Play?
The $HUMA token is showing a solid bounce at $0.03454 (+5.76%) after hitting a local low of $0.03239. A clear rejection occurred at the $0.03330 support level, which aligns with the lower bound of the bullish channel formed in late June.
Key Indicators:
MA7 at 0.03362 is nearing a cross above the price, signaling a possible short-term reversal.
MA25 at 0.03710 remains a key dynamic resistance.
RSI(6) at 46.87 shows neutral momentum with upside potential if it breaks above 50.
Scenario to Watch:
If price breaks through $0.03510 (24h high), we could aim for a move toward $0.03850 and then $0.04375 in extension.
However, a drop below $0.03280 would invalidate the rebound scenario.
🎯 Trader Targets:
TP1: $0.03850
TP2: $0.04375
SL: $0.03280
Volume is picking up and a reversal structure is forming: HUMA is showing promising signs, but confirmation will come only with a breakout of short-term resistance.
📊 Stay sharp, manage your risks.
