Technical Analysis of HUMA/USDT: Reaccumulation After Strong Rise – Opportunity or Trap?

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After the impressive breakout above the $0.05 threshold, HUMA/USDT is undergoing a healthy correction – a familiar step back before it can move forward. Is the growth structure still intact or is the trend gradually weakening? 📊 Recent Developments HUMA has made a strong move out of the accumulation zone around $0.035 and quickly reached a peak near $0.050 before facing profit-taking pressure. Currently, the price is returning to test the 20-day moving average (20 MA) – an important short-term support zone. 🎯 Potential Price Targets If the price maintains above important technical support levels, the next targets for HUMA may include: Target 1: $0.0450

This is the nearest short-term peak and will be the first resistance level that needs to be surpassed to confirm a return to the upward trend. Target 2: $0.0520

It is the next breakout area for expansion if the momentum is reinforced by high trading volume. Target 3: $0.0580

This is a potential high level if the market recovers strongly and the capital flow returns to this altcoin. 🛡️ Important Support Areas In the case of ongoing adjustments, the support zones below will play a key role in maintaining the bullish structure: Support 1: $0.0385 (50 MA)

This is the nearest technical support area, where many traders are monitoring price reactions to determine buying pressure. Support 2: $0.0355 (200 MA)

This is the long-term MA line, serving as a "line of life and death" for the uptrend. Losing this area could confirm serious weakness in the short term. 🧠 General Overview The current adjustment still falls within the permissible range and does not undermine the long-term growth structure. Maintaining the price above the 50 MA will be a positive signal for recovery potential. However, breaking below the $0.035 mark could invalidate the bullish setup and bring HUMA back to a sideways accumulation or decline. 🔍 Trading Volume – A Factor in Confirming Trends Volume acts as a "catalyst" to confirm any breakthrough: If the price returns to the $0.045 range with a significant increase in volume ⇒ a confirmation signal to pursue higher targets. If the volume continues to be low or weak ⇒ the likelihood of failure at the resistance zone is very high. 🧭 Reference Strategy Carefully observe the area $0.0385 – $0.0400 ( where MA20 and MA50) intersect. A scalping buying scenario can be considered if the price closes above $0.045 with a volume exceeding the 7-day average. Cut losses if the price breaks below $0.035 with a surge in volume. ⚠️ Note: This is not financial advice. Investors need to conduct their own research and manage risks appropriately before making decisions. DYOR! @humafinance #HumaFinance

HUMA-13.03%
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GateUser-b92691bfvip
· 07-24 06:45
HODL Tight 💪
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GateUser-b92691bfvip
· 07-24 06:45
Bull Run 🐂
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GateUser-b92691bfvip
· 07-24 06:45
Bull Run 🐂
Reply0
GateUser-b92691bfvip
· 07-24 06:45
HODL Tight 💪
Reply0
GateUser-b92691bfvip
· 07-24 06:45
HODL Tight 💪
Reply0
GateUser-b92691bfvip
· 07-24 06:45
HODL Tight 💪
Reply0
GateUser-b92691bfvip
· 07-24 06:45
HODL Tight 💪
Reply0
GateUser-b92691bfvip
· 07-24 06:45
Bull Run 🐂
Reply0
GateUser-b92691bfvip
· 07-24 06:45
1000x Vibes 🤑
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GateUser-b92691bfvip
· 07-24 06:45
HODL Tight 💪
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