Huma Finance ($HUMA ) has fallen by 1.15% over the last 24 hours, which is worse than the overall growth of the cryptocurrency market (+1.88% in total capitalization). This decline coincides with bearish technical signals and a weakening interest in altcoins. Key reasons:
Technical resistance – the price was unable to overcome key moving averages ($0.035–$0.036)
Shift in sentiment towards altcoins – the Altcoin Season index fell by 6.52% amid rising Bitcoin dominance
Volatility after listing – profit-taking following the listing on Upbit on July 25 caused a decline of -17.42% over 30 days
The decline of $HUMA is due to a combination of technical obstacles, weakness in the altcoin sector, and profit-taking after the listing. Although oversold conditions may lead to a short-term rebound, sustainable recovery requires either a rise in Bitcoin or specific data on the implementation of Huma’s payment solutions.
What to watch for: will $HUMA be able to hold support at $0.031 or will Bitcoin dominance continue to pressure altcoins?
