$HUMA/USDT Reclaiming Support Zone — Recovery Phase or Price Rise Trap?

The native Token of Huma Finance, $HUMA, is showing signs of bounce back after a deep fall, as the price has dropped close to the zone of $0.031. Currently, the market is showing signs that indicate the possibility of forming a short term bottom, opening up opportunities for the buyers to demonstrate strength again. 🔄 Current Setup Current price: $0.03381MA 7: $0.03292 ✅ (price has surpassed)MA 25: $0.03319 ✅ (price has surpassed)MA 99: $0.03743 ❌ (has not surpassed) The price breaking above both MA 7 and MA 25 is a positive sign for short term momentum. However, the MA 99 at the zone $0.0374 remains an important "gate", as it has previously rejected the upward momentum multiple times, so this will be a decisive test for the next trend. 🎯 Important Resistance Levels $0.03650 — Short term resistance, needs to be surpassed to confirm strength.$0.04000 — Important psychological level, coinciding with a large trading volume zone.$0.04650 — Local peak at the end of July, if broken, may lead to a strong upward momentum. 🛡️ Support Zone to Hold $0.03120 — "The last defense line" of the buying side. If the closing price is below this zone, selling pressure may quickly pull the price back to the zone $0.028–$0.026. 📊 Evaluate Trends Short term trend: Slightly leaning towards mildly bullish (. Confirmation condition: Need to break and hold above $0.037 with strong trading volume. If successful, the bullish scenario towards the zone $0.040–$0.046 will have a higher probability. ⏳ Conclusion: $HUMA is in the "trial period". If it surpasses MA 99 and maintains support, this could be the starting point for a new upward movement. Conversely, if it fails, selling pressure will quickly return. #HumaFinance @humafinance

HUMA3.78%
PHA0.27%
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