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$HUMA USDT Short Setup: Bearish Rejection!📊 Trade Specifications:
Entry Price: $0.02547
Stop Loss (SL): $0.02590
Take Profit (TP): $0.02352
Based on your 1-hour chart, $huma has shown a strong bearish reversal after facing rejection at the local resistance level. The price made a "Lower High" and is now sliding downward 🐻. This signals selling pressure, and the market is showing signs of further downside 📉.
• On the 1-hour chart,
$HUMA struggled at horizontal resistance ($0.02590) and faced rejection.
• The price is attempting to break down from its consolidation zone, confirming bearish momentum at the entry level ($0.02547).
• Our primary target is the lower blue trendline at $0.02352, which represents a major support zone.
• As long as the price trades below the SL level ($0.02590), the bearish trend remains valid.
⚡ Trading Tip:
• When a trendline breakdown occurs, prices often fall sharply.
• To manage risk, shift your Stop Loss to entry as soon as the price reaches around $0.02450, making your trade risk-free.
#HUMA #BinanceSquare #cryptosignals #ShortSetup #TechnicalAnalysis $HUMA