$HUMA /USDT SHOWS BEARISH MOMENTUM – SELL PRESSURE COULD PUSH PRICE LOWER
Immediate Market Move Explanation:
$HUMA/USDT is showing clear signs of bearish momentum, with the price dropping nearly 9% in the last 24 hours and currently sitting at $0.0365, near its 24h low of $0.03611. A series of lower highs and lower lows are visible, and RSI is likely trending downward, indicating increasing selling pressure. The 15m to 4h candles show no sign of strong recovery, with resistance forming around $0.03800–$0.03900. This suggests bears are firmly in control.
Trade Setup (Short Entry):
Entry: $0.03650
Take Profit (TP): $0.03550 / $0.03450
Stop Loss (SL): $0.03780
Market Outlook:
Unless a strong reversal occurs with high volume reclaiming the $0.03850+ zone, $HUMA is likely to remain under bearish control in the short term. Increased volume on the sell side and lack of bullish indicators suggest a cautious stance is best. Watch for key support at $0.03500 – if broken, further downside is likely.
#HUMA #CryptoTrading #BearishTrend #Altcoins #TechnicalAnalysis