BANANA -164.54% in 24 Hours Amid Sharp Sell-Off

On AUG 31 2025, BANANA dropped by 164.54% within 24 hours to reach $20.32, BANANA dropped by 885.39% within 7 days, dropped by 164.54% within 1 month, and dropped by 5070.5% within 1 year.

The sharp decline in BANANA has drawn attention as the asset has experienced multiple large downward moves in the recent term. Over the course of the last 24 hours, the token fell by 164.54% to settle at $20.32, marking one of the most significant single-day drops in recent memory. This movement was not an isolated event, as the broader trend has seen a cumulative 885.39% decline over the past 7 days. The one-month performance also reflects a 164.54% drop, aligning with the recent volatility pattern and highlighting the intensity of the sell-off.

Technical indicators have shown a consistent bearish bias during this period, with key support levels failing to hold and downward momentum accelerating. The RSI and MACD have both confirmed bearish signals, with the former indicating oversold territory and the latter reinforcing the strength of the downtrend. Analysts have noted that the price action has followed a classical bear trap pattern, where early buyers have been trapped as the price continues to fall.

The extended time horizon further illustrates the severity of the downturn, with a 5070.5% drop over the past year. This long-term depreciation suggests a structural shift in sentiment and adoption, potentially due to a combination of technical exhaustion and a shift in market focus to alternative assets. The 12-month chart paints a picture of a market that has experienced a prolonged bear phase without a significant recovery phase.