HOLO -30.57% in 24 Hours Amid Sharp Decline Across Timeframes

On SEP 18 2025, HOLO experienced a dramatic drop of 30.57% in the span of 24 hours, closing the day at $0.395. Over the past week, the token recorded a massive decline of 1184.68%, while its performance over the last month and the past year was equally severe, reflecting a 1582.8% drop in both timeframes. The decline has sparked renewed scrutiny into the token’s fundamentals and market positioning.

The recent price action suggests a strong shift in investor sentiment. While the token had previously shown resilience in volatile markets, the rapid and steep correction appears to have eroded confidence among traders and long-term holders. The drop has not been attributed to any immediate external event or earnings report, making it difficult to isolate a singular catalyst. Analysts have pointed to broader market conditions and potential overleveraging in certain token positions as contributing factors to the decline.

Technical indicators suggest a deepening bearish trend. On daily charts, HOLO has broken below key support levels, with the 200-day moving average currently acting as a critical level to watch. The relative strength index (RSI) has entered the oversold territory, but given the magnitude of the decline, such readings may not necessarily indicate a reversal. Instead, market participants are closely monitoring volume patterns to determine whether the selloff is exhausting or if further downside could follow.