The first important resistance level for $HUMA is at $0.0295, and if the price manages to overcome this level, the next resistance levels to watch will be $0.0358 and $0.0443. These levels are important as they can indicate the potential for further price growth.

Now for the technical analysis. RSI7 is at 26.76 — this is an oversold zone. Under such conditions, a price rebound is possible, but if market sentiment is negative, the growth may not occur. The MACD histogram is negative, indicating a bearish trend. The price is below the 7-day and 30-day moving averages, which act as resistance. This technical picture increases pressure on the price.

$HUMA $HUMA

It is also worth considering the overall market context. The total cryptocurrency market capitalization has increased by 4.42% over the past 24 hours, so the decline of HUMA goes against the overall trend, indicating problems specifically related to this coin. The Altcoin Season Index is rising, but HUMA is not benefiting, possibly as investors are shifting to other altcoins.

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