2Z -486.47% in 24 Hours Amid Sharp Technical Downtrend

On OCT 6 2025, 2Z dropped by 299.23% within 24 hours to reach $0.00041107, 2Z dropped by 2534.28% within 7 days, dropped by 2534.28% within 1 month, and dropped by 2534.28% within 1 year.

The asset’s price movement has triggered renewed scrutiny from analysts and investors, as the recent 24-hour drop of nearly 300% stands out as one of the most dramatic price corrections in 2Z’s history. The decline is not an isolated event but rather a continuation of a broader, long-term bearish trend that has persisted for the past 12 months. This sustained sell-off suggests that 2Z’s fundamentals have yet to align with market expectations, despite prior signs of speculative interest and short-term volatility.

Technical analysis highlights key support and resistance levels that have failed to provide a floor for the declining asset. Moving averages across multiple timeframes—including 50, 100, and 200-day periods—have consistently trended downward, confirming a deepening bearish momentum. Analysts project that the current trajectory could lead to further testing of lower price thresholds, particularly if bullish catalysts or fundamental upgrades do not materialize in the near term.

The RSI and MACD indicators reflect a strong bearish bias. The RSI has fallen into oversold territory for the first time in weeks, though this is not considered a reliable buy signal given the prolonged downtrend. The MACD line has remained below its signal line, indicating continued bearish momentum. These readings reinforce the view that 2Z is in a phase of sustained distribution and lacks the conviction of a short-term reversal.