$HUMA
Chart 1: Price with EMAs and Bollinger Bands
• Price is above EMA 20 and EMA 50, which is bullish.
• The price is approaching the upper Bollinger Band, indicating it may be overbought or facing resistance soon.
• This usually signals a possible pullback or consolidation phase.
📉 Chart 2: RSI (Relative Strength Index)
• RSI is around 50-55, which is neutral but trending up.
• Not yet in the overbought zone (>70), which leaves room for further upward movement, but caution is advised near 60+ levels.
📊 Chart 3: Volume (Simulated for reference)
• Volume appears consistent or rising — this confirms strong participation, validating the breakout move.
📌 Updated Forecast and Strategy
✅ If you plan to go LONG:
• Wait for a dip to $0.050–$0.052 (support near EMA20).
• Entry Trigger: Bullish candle or bounce from that level.
• Take Profit (TP): $0.058 – $0.060
• Stop Loss (SL): Below $0.0455
⚠️ If you plan to SHORT:
• Consider only near resistance ($0.0585), especially if price fails to close above upper Bollinger Band.
• Entry Trigger: Bearish rejection candle (like a shooting star or engulfing pattern).
• Take Profit (TP): $0.050 / $0.046
• Stop Loss (SL): Above $0.0605
🎯 Verdict:
• Currently bullish momentum with healthy technical structure.
• Best play: Wait for a pullback to go long unless strong rejection at resistance emerges.
Avoid shorting aggressively unless price fails multiple times near $0.0585+