📉 $HUMA /USDT Reclaims Support — Is This a Support Relief Rally or a Bear Trap? 💡🔍
After $HUMA Huma Finance’s token experienced a prolonged downtrend that compressed price action toward the $0.031 mark, we are now seeing the price trying to re-establish some of the losses. Is the price trying to form a bottom?
🔄 Current Setup:
Price: $0.03381
MA 7: $0.03292 ✅
MA 25: $0.03319 ✅
MA 99: $0.03743 ❌ (still unclaimed)
The price achieving a capture of the short term moving averages indicates a momentum shift in the local timeframe, however the 99MA around the $0.0374 mark, which has acted as a significant rejection zone in the past, needs to be captured for the breakout to be validated.
🎯 Key Levels:
Target 1: $0.03650 (minor resistance)
Target 2: $0.04000 (psychological level + volume node)
Target 3: $0.04650 (local top from late July)
🛡️ Support:
The defense of the $0.03120 level looks unathletic at best. Closing below this level opens a further move down to around the $0.028-$0.026 area.
📊 Bias: Mildly bullish. Confirmation needed via breakout and ret
est of $0.037+ with volume. $HUMA 
#MarketRebound #ProjectCrypto #TrumpTariffs #WhiteHouseDigitalAssetReport #FOMCMeeting
