The Huma Finance course ($HUMA ) has fallen by 4.74% to $0.0306 in the last 24 hours, which is worse than the overall cryptocurrency market (-1.93%). The main reasons are weak technical indicators, profit-taking after recent listings, and mixed reactions to news about the partnership.
Technical analysis - bearish sentiment due to oversold RSI and MACD divergence.
Volatility after listing - profit-taking after campaigns on Upbit and Binance South Asia.
Overall market pressure - altcoins lag behind as Bitcoin dominance rises to 58.63%.
The decline in HUMA is caused by technical issues, volatility after the listing, and investors moving to more reliable assets like Bitcoin. News about the partnership with PayFi (August 15) offers long-term potential, but the short-term sentiment remains cautious.
What to watch for: Can HUMA maintain psychological support at the level of $0.030? A downward breakout could test the 90-day low - $0.028, while a return above $0.033 might signal stabilization.