⚠️ $HUMA Showing Bearish Rejection from Key Resistance
$HUMA aced a strong rejection near the 0.0220 resistance zone, with multiple upper wicks signaling heavy selling pressure and weakening bullish momentum.
📉 Trade Setup: SHORT $HUMA
🔹 Entry: 0.0198 – 0.0215
🎯 Take Profit Targets:
• TP1: 0.0188
• TP2: 0.0185
• TP3: 0.0170
📊 Market Insight:
After the recent expansion move, price is now forming lower highs on the 1H timeframe, indicating a potential momentum shift. The market is currently trading around 0.01989, and a breakdown below 0.01950 could trigger further downside continuation.
The 0.0220 zone has acted as a strong resistance, where distribution appears to be taking place. Each upward push is being met with aggressive selling pressure, showing that buyers are gradually losing control.
⚡ As long as 0.0220 remains intact as resistance, the short-term bias stays bearish, with potential downside toward the previous breakout base.
💰 Here short and trade $HUMA
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