Cryptocurrency Huma Finance ($HUMA ) has fallen by 3.54% in the last 24 hours, which is worse than the overall growth of the crypto market (+0.2%). The main reasons:
Profit-taking after the announcement of the partnership – the Asia-focused deal caused a short-term sell-off.
Volatility due to the end of the campaign – Binance's rewards program for South Asia ended on July 31, reducing buying demand.
Technical weaknesses – the RSI indicator shows oversold conditions (23.87), and the MACD signals a continuation of the downward trend.
The decline of $HUMA is related to profit-taking after the rise on news of the partnership, reduced demand following the end of the campaign, and negative technical signals. While the infrastructure for real-world payments may provide long-term value, short-term risks remain due to low liquidity.
