IOTXJPY Dips 50.36% in 24 Hours Amid Sharp Sell-Off

On SEP 6 2025, IOTXJPY experienced a sharp decline of 50.36% within the previous 24 hours, reaching a price of $3.77. This dramatic movement reflects one of the largest single-day drops in the token’s recent history, amid ongoing pressure in the broader market. Over the past week, IOTXJPY has plummeted 810.28%, with further declines of 753.69% recorded over the past month and a staggering 3101.8% fall over the last year. These figures highlight a prolonged bearish trend with little sign of reversal in the immediate term.

The sell-off appears to be driven by a combination of market sentiment and technical exhaustion, with IOTXJPY having failed to stabilize after multiple attempts to regain support. Analysts project that the current environment may persist as long as key resistance levels remain untested and buying pressure is absent. The token’s price trajectory suggests a lack of immediate catalysts to reverse the downward momentum, particularly in the absence of any significant project developments or market-wide positive shifts.

Technical indicators further underscore the bearish scenario. IOTXJPY is trading well below its 200-day moving average, a classic sign of a long-term downtrend. The Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) have both shown bearish divergences, indicating that the downward trend may continue until a major reversal signal is generated. The MACD remains in negative territory, while the RSI has not yet reached oversold levels, suggesting the market is still in a phase of aggressive profit-taking or capital rotation away from the asset.

Given the current price and technical landscape, a backtesting strategy has been developed to analyze potential trade scenarios. The strategy is based on a long-term trend-following model that uses moving average crossovers and RSI divergence to generate entry and exit signals. The model aims to capture sustained directional trends and manage risk through defined stop-loss and take-profit levels.