Summary
• Price declined from $0.0266 to $0.02599, forming bearish engulfing and bear trap patterns.
• RSI dipped below 30, indicating oversold conditions, though divergence appears with volume.
• Volatility expanded early, with Bollinger Bands widening, but has since consolidated.
• Volume surged at 17:45–18:00 ET-1 before fading, hinting at short-term capitulation.
• Key support at $0.02601 and resistance at $0.02665 defined a tight range with potential for bounce.
Price and Volume Summary
Huma Finance/Tether (HUMAUSDT) opened at $0.02654 on 2025-12-11 12:00 ET-1 and closed at $0.02599 by 12:00 ET on 2025-12-12, with a high of $0.02682 and a low of $0.02578. Total volume reached 12,925,961, while turnover amounted to approximately $339,896.
Structure and Momentum
The price trended lower over the 24-hour window, forming a bearish engulfing pattern around 19:00–19:15 ET-1 and a bear trap near $0.02626. RSI dipped below 30 by early morning, suggesting oversold territory, though volume failed to confirm strength at these levels. MACD turned negative and crossed below the signal line, reinforcing bearish momentum.
Volatility and Retracements
Bollinger Bands expanded in the early part of the session, with price reaching the upper band at $0.02682, but then contracting as the price declined.
Fibonacci retracement levels from the $0.02578 to $0.02682 swing indicate key potential support at 38.2% ($0.02616) and resistance at 61.8% ($0.02652), which could frame near-term movements.
Volume and Divergence
Volume spiked around 17:45–18:00 ET-1, coinciding with a peak in price, followed by a steady decline in both volume and price. This divergence between volume and price could signal fading bearish pressure, although a sustained move above $0.02616 would require a strong volume rebound to confirm bullish conviction.
Looking ahead, HUMAUSDT may test the $0.02601 support level in the next 24 hours, with a potential bounce or breakdown. Investors should remain cautious, as low volume at recent lows suggests limited conviction in either direction.
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