$HUMA is moving because Huma's PayFi network just crossed $20B in cumulative payment volume, and the token is up huge in the last 24 hours. That's a massive daily candle, and it bounced hard from around $0.0175 to around $0.0264.
I'm neutral right here. I don't like chasing a big move, but the volume milestone is real and the first unlock got pushed to Nov 26, so near-term supply pressure is delayed.
The level to reclaim is $0.0266, I'm watching it try to flip. Resistance is $0.03. If price reclaims $0.0266, I'm watching for a push at $0.03 into the Nov 26 governance and unlock date. A close below $0.022 would prove the bounce is fake and I'd back off.
Are you watching HUMA here or waiting for a retest? #HUMA #PayFi #Crypto
I'm neutral right here. I don't like chasing a big move, but the volume milestone is real and the first unlock got pushed to Nov 26, so near-term supply pressure is delayed.
The level to reclaim is $0.0266, I'm watching it try to flip. Resistance is $0.03. If price reclaims $0.0266, I'm watching for a push at $0.03 into the Nov 26 governance and unlock date. A close below $0.022 would prove the bounce is fake and I'd back off.
Are you watching HUMA here or waiting for a retest? #HUMA #PayFi #Crypto
