MINA -183.13% in 24 Hours Amid Market Volatility

On AUG 31 2025, MINA dropped by 183.13% within 24 hours to reach $0.1721, MINA dropped by 78.52% within 7 days, dropped by 183.13% within 1 month, and dropped by 6919.19% within 1 year.

The steep decline follows a prolonged bearish trend that has defined MINA’s price behavior over the past year. The token’s trajectory has seen a near-total collapse from historical highs, with its 1-year drop eclipsing 6900%, signaling deep-rooted bearish momentum. Analysts project continued downward pressure as broader market dynamics continue to influence token valuations.

Technical indicators show MINA trading below key support levels with no signs of reversal. The Relative Strength Index (RSI) has been in oversold territory for several days, but without a corresponding bullish breakout, traders have remained bearish. The absence of volume spikes further suggests a lack of conviction among market participants, reinforcing the perception of an ongoing downtrend.

The token has been unable to reclaim any prior resistance levels that had previously acted as psychological barriers for sellers. A prolonged period of consolidation below $0.17 has led to a reevaluation of risk exposure by many long-term holders, with many opting to cut losses rather than speculate on a recovery.

Backtest Hypothesis

Historical price behavior of MINA has been marked by strong negative trends with limited bear-market rebounds. A backtesting strategy based on trend-following indicators would have triggered sell signals in early 2025 as the RSI moved into oversold territory without a price recovery. A stop-loss rule set at 5% would have further minimized exposure as the price continued to fall. The absence of significant volume during key price declines suggests that algorithmic selling, rather than panic, has been the dominant force.