After the 0.106 spike high, HUMA has been making lower highs for months. Price is now 0.01089, close to the monthly low at 0.00978, and today's candle is another red one.
Levels I'm watching: Support: 0.00978, then 0.005 Resistance: 0.01225 (24h high), then 0.0231 (monthly MA7)
The order book shows 83% bids vs 17% asks, so buyers are stepping in near the lows. But bids alone don't make a reversal. I need a daily close above 0.01225 with rising volume before calling a bounce.
A break below 0.00978 would put fresh lows in play.
Is this the bottom or just a pause before the next leg down? Drop your take below 👇