MIRA -3210.77% in 1 Month Amid Sudden Sell-Off

On OCT 10 2025, MIRA dropped by 1057.3% within 24 hours to reach $0.4162, marking one of the sharpest corrections in its recent history. Over the past 7 days, the asset fell 3058.07%, and over the last 30 days, it declined by 3210.77%. The one-year decline stands at a massive 6611.5%, signaling a severe and prolonged bearish trend.

The rapid and sustained drop in MIRA's price has raised questions about the underlying causes, with market participants examining potential catalysts. No single event has been explicitly cited as the trigger; however, the timing and magnitude of the decline suggest a combination of factors, including broader market sentiment, shifts in investor behavior, and potential liquidity constraints. Analysts project that the continued downward pressure may persist until clear signs of stabilization emerge.

The price movement has also prompted a re-evaluation of technical indicators and on-chain metrics. Key support levels appear to have been breached, with RSI readings indicating oversold conditions. However, traditional bearish patterns, such as the breakdown of key trendlines and the failure of bounce attempts, have reinforced the bearish outlook. Traders are closely monitoring price behavior near critical psychological and Fibonacci levels.