HUMA VS USDT
The local token of Huma Finance, $HUMA, has finally started to show its first signs of recovery after weeks of selling pressure. The price is currently trading at $0.0348, and a strong base formation in the short term is noteworthy.
It seems like the bulls are making a comeback... but the real question is: Is this momentum sustainable?
❤️ Technical Situation:
The price has bounced up by testing the base structure after the downtrend.
Increased volume and the 'higher low' formation may indicate that momentum has returned.
🌹 Resistance Areas:
🌹 $0.0375 → The 99-period moving average (MA 99) is here. The first serious test will occur at this level.
🌹 $0.0420 → Previously rejected area. The bulls had lost strength here.
🌹 $0.0500 → Strong supply zone. One of the levels that has been rejected in the past with long wicks.
🌹 Support Areas:
🌹 $0.0320 → Short-term bottom and previous low. The first line of defense.
🌹 $0.0290 → Last solid support. If broken down, sales may accelerate.
🌹 $0.0250 → Psychological support and structural demand zone.
🌹 Technical Commentary:
It's hard to talk about a clear rise without breaking the $0.0375 level.
However, if the price continues to create higher lows, this could signal a positive trend reversal.
If increased volume confirms this breakout, eyes may quickly turn to the $0.0420 and $0.0500 regions.
❤️ Market Trend:
The short-term outlook is cautiously optimistic.
With closes above $0.0375, the bulls could gain a clear advantage.
