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$HUMA /USDT โ 4H Technical Breakdown
Current Price: $0.03492
24H Range:
High: $0.03732
Low: $0.03415
Change (Last 4H Candle): -5.49%
๐ Key Observations:
1. Short-Term Price Action
The price is trading in a descending pattern, forming lower highs and lower lows since the high near $0.044.
The last candle is a strong red candle, rejecting above $0.036 and closing below $0.035, which indicates selling pressure on attempted bounces.
2. Support & Resistance Levels
Immediate Resistance: $0.03600 โ $0.03730 zone (recent rejection)
Immediate Support: $0.03400 โ $0.03415 (near 24H low and recent bounce level)
Major Support Below: $0.03250โ0.03300 (previous consolidation zone)
3. Volume Analysis
Volume spiked during the latest rejection, suggesting a high-volume bearish rejection.
Sellers are active at resistance, and thereโs no strong accumulation signal yet on this timeframe.
7-day performance: -22.83%
30-day: Flat (~+0.34%)
Overall trend: Short-term bearish to sideways
โ ๏ธ Conclusion & Strategy
๐ก Bearish Bias in the Short-Term
Until price breaks and closes above $0.0375, bullish continuation remains questionable.
There's potential for a drop toward $0.033 or lower if $0.034 fails to hold.
๐ Key Levels to Watch:
Breakout Above $0.0375 = Bullish Signal (could retest $0.040)
Breakdown Below $0.034 = Bearish Continuation (toward $0.032 range)
๐ Potential Trade Setups (Not Financial Advice):
Short near $0.0365โ0.037, Stop above $0.038, TP near $0.033
Wait for breakout above $0.0375 to enter long positions
{future}(HUMAUSDT)