HEMI -592.33% in 24 Hours Amid Sharp Sell-Off

On OCT 15 2025, HEMI dropped by 592.33% within 24 hours to reach $2.75, with a 1059.6% drop recorded over seven days and a 3094.63% decline over one month. The asset has also fallen by 5287.96% over the past year, signaling a dramatic and sustained downward trend in its value. These movements reflect an extraordinary volatility and a significant loss of market confidence in the asset over the recent period.

The sharp sell-off has drawn attention from traders and analysts, who are closely examining the technical patterns and market signals associated with the drop. Despite the magnitude of the decline, the price action has not yet shown signs of a bottoming pattern. The RSI (Relative Strength Index) remains in oversold territory, which may suggest that the asset could be due for a temporary rebound. However, the MACD (Moving Average Convergence Divergence) indicator continues to trend lower, indicating bearish momentum. These indicators suggest that while some traders may be positioning for short-term corrections, the longer-term outlook remains bearish.