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Analysis of the asset HUMA/USDT (1D):
📈 Current price: $0.0474 (+11.45% for 24h)
🔼 Maximum in 24h: $0.0505
🔽 Minimum in 24h: $0.0396
📊 Trading Volume: 609.31 million HUMA
📐 Technical analysis:
The asset has broken out of the descending triangle, piercing the upper boundary — this is a bullish signal.
Holding the zone above $0.045 may confirm the trend reversal.
Support level: ~$0.026
Resistance: the zone $0.050–0.055 is a potential target in the short term.
📊 Indicators:
RSI(6): 85 — overbought zone, a short-term correction is possible.
OBV: is rising, which confirms buyer interest.
MA(5) and MA(10): the beginning of the bullish cross formation.
🔍 Withdrawal:
A breakout of the triangle with high volume and a rising RSI indicates the activation of bulls. However, due to overbought conditions, a local profit-taking might occur before the next impulse.