The Humanity/USDT token is currently in a clear correction phase following a sharp upward move that peaked around 0.12 USD. The current price (~0.0568 USDT) is trading near the long-term MA60 line, indicating a possible accumulation zone that could serve as a base for the next upward move. Momentum indicators are deeply oversold, and volatility is decreasing, which supports the potential for a rebound. If the price breaks out of the current range and surpasses resistance levels around 0.072 and 0.11 USD, the target of 0.15 USD becomes realistic. However, a strong increase in volume and sustained support above the current range will be crucial for this scenario to play out.
Potential TP: 0.15 USD
Potential TP: 0.15 USD
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.