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8.5 Market Overview: HUMA's ascending triangle has formed a deep V; should we chase the long or short it on a pullback?
$HUMA HUMA's previous pullback began to rebound at 0.030852, forming an ascending triangle deep V rebound. Currently, it is encountering resistance at 0.035245. Will it break through the resistance with momentum or will it face resistance and pull back?
Analyzing volume and price, although it is an ascending triangle, the volume has not kept up, showing divergence. The MACD shows a golden cross pattern; we should wait for a right-side breakthrough at 0.035245, stabilizing without pulling back to go long, with a stop loss at 0.034678 and a target of 0.036551. Conversely, if it fakes a breakout and falls back, we should go short, with a stop loss at 0.035622 and targets near the trend line at 0.033944 and 0.033222;
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