$HUMA Faces Rejection – Short Setup as Bulls Lose Steam
$HUMA spiked to a 24H high of $0.03385 but quickly faced rejection, printing back-to-back red candles on the 1H chart. Price has now slipped below the $0.03300 zone, showing signs of a potential short-term reversal as profit-taking kicks in.
Short Trade Setup:
• Entry Zone: 0.03260 – 0.03280
• Stop Loss: Above 0.03390
• Target 1: 0.03190
• Target 2: 0.03120
• Target 3: 0.03040
Market Insight:
After a vertical rally, HUMA is retracing sharply with increasing sell-side volume. If it fails to reclaim $0.03300 quickly, expect more downside pressure. Ideal setup for short scalpers.