HUMAUSDT Market Overview – October 5, 2025

• Price surged 9.15% in 24 hours, closing near a key resistance level.
• Volatility increased with expanding Bollinger Bands and rising volume.
• RSI entered overbought territory while MACD remained bullish.
• A bullish engulfing pattern formed on the final candle of the 15-minute chart.
• Strong buying pressure evident in the final 3 hours before 12:00 ET.

Huma Finance/Tether (HUMAUSDT) opened at $0.03553 on October 4 at 12:00 ET and closed at $0.03711 on October 5 at the same time, reaching a high of $0.03724 and a low of $0.03544. The 24-hour trading volume was 140,983,500 and notional turnover was $5,066,692, reflecting strong participation.

The 24-hour chart for HUMAUSDT displayed a clear bullish bias, with the price forming a strong upward trend. Notable resistance was identified at $0.03724, which was briefly touched before the price consolidated slightly below it. A support level appears to be forming near $0.03544, which has been tested and held twice. A bullish engulfing pattern appeared on the final 15-minute candle of the 24-hour period, signaling potential continuation of the upward trend. A doji was also observed near $0.03604, indicating indecision among traders at that level.

MACD for the 15-minute chart remained positive, with the line above the signal line and rising, indicating sustained upward momentum. RSI reached overbought territory, peaking at 69.7 near $0.03724, suggesting that the pair may face short-term resistance and potentially see a pullback. However, the overall momentum remains strong. Bollinger Bands showed a slight expansion during the final hours of the 24-hour period, indicating increasing volatility and a potential breakout attempt.

Volume and notional turnover increased significantly in the final hours of the 24-hour period, especially between 15:00–16:00 ET, when HUMAUSDT reached its intraday high of $0.03724. This volume was accompanied by a corresponding price move, indicating strong conviction in the upward trend. No clear divergence was observed between volume and price, which suggests the move is likely to be genuine. The highest notional turnover occurred during the hour that included the high, suggesting a strong accumulation phase.

Fibonacci retracement levels showed that the most recent 15-minute swing from $0.03544 to $0.03724 was retraced back to the 50% level at $0.03634, before continuing higher. This level acted as a temporary support and may now serve as a minor resistance. On the daily chart, the 50% Fibonacci retracement of the broader bullish trend from $0.03445 (low) to $0.03801 (high) is at $0.03623, which the price has now surpassed. The 61.8% retracement is at $0.03696 and could be the next key level to watch for a potential pullback.

The backtest hypothesis for HUMAUSDT involves a breakout strategy centered on the upper Bollinger Band and the 20-period EMA on the 15-minute chart. The strategy would enter long positions when the price closes above the upper Bollinger Band and above the 20-period EMA, with a stop-loss placed just below the 50-period EMA. A take-profit target would be set at the next Fibonacci level or key resistance. The recent price action and volume profile align well with this strategy, as the price closed above the upper Bollinger Band and both the 20 and 50 EMAs, suggesting the conditions for a potential breakout were met. The strategy would aim to capture momentum from the strong volume and positive momentum indicators seen during the final hours of the 24-hour period.