đ HUMAUSDT Market Update đ
Hello Everyone đ
As you can see on the chart, HUMAUSDT has been in a strong downtrend from the start. The market kept falling and we saw a major crash.
Now the price is stabilizing around the 0.01335 â 0.01343 area, and a Doji candle is forming at the bottom.
đ Why is this level important?
According to candlestick patterns:
When a Doji or Hammer candle forms at the bottom of a falling market
And it gives a proper strong close
There are high chances of a potential reversal đ
RSI is also near the oversold zone, which shows that selling pressure may be weakening.
â According to my prediction:
If this Doji candle gives a strong close,
đ You can consider a Buy entry from this area.
đŻ There is potential for a good short-term profit.
đ Always place your Stop Loss below the recent low.
â ïž Do not enter without confirmation. Wait for the candle to close properly.
If the market gives a reversal from here, we may see a strong bounce.
Trade Smart. Manage Risk. đ°đ„
