HUMA/USDT Technical Analysis (4H Timeframe - Binance Chart)
Current Price: ~0.03140 USDT (-1.38% in 24H)
Key Observations:
Price is in a downtrend, declining from recent high ~0.03373 and now trading around the support zone (0.0309-0.031).
EMAs show bearish alignment (EMA7 > EMA25 > EMA99, but price below all).
RSI at ~41, close to oversold territory, which could lead to a potential bounce.
Volume is decreasing on the down move, indicating weakness but also a possible hint of reversal.
Overall market sentiment is neutral to bearish, but buying pressure may build at lower levels.
Long Entry Setup (Bullish Bias - For a Bounce):
Entry: 0.0310 - 0.0315 (on support retest or with RSI divergence)
Stop Loss (SL): 0.0300 (below 24H low, risk ~2-3%)
Take Profit (TP1): 0.0325 (recent resistance)
Take Profit (TP2): 0.0337 (previous high)
Risk/Reward: 1:2 to 1:3
Reason: If support holds and a strong green candle closes, expect a quick bounce toward the EMAs.
Short Entry Setup (Bearish Bias - For Breakdown):
Entry: Break and close below 0.0310 (with confirmation candle)
Stop Loss (SL): 0.0318 (above recent swing high)
Take Profit (TP1): 0.0295
Take Profit (TP2): 0.0280 (older support level)
Risk/Reward: 1:3+

