$HUMA @Huma Finance 🟣
In-Depth Analysis
Technical Resistance (Bearish Impact)
Overview: HUMA failed to break above the 7-day simple moving average (SMA) at $0.03306 and the Fibonacci retracement zone ($0.0349–$0.038), triggering profit-taking action. The RSI index (44.65) shows neutral momentum, but there are yet no signs of a rebound from oversold conditions.
The meaning of this: Sellers dominate around important resistance levels. The MACD histogram (-0.0004037) indicates accelerating bearish momentum, with immediate support at the 24-hour low price of $0.031015.
What to watch for: Closing above the 7-day SMA ($0.03306) could stabilize the price, while falling below $0.031 risks testing the 90-day low at $0.0309. #HumaFinancе $HUMA