MIRA -70.04% in 24 Hours Amid Sharp Correction

On OCT 4 2025, MIRA dropped by 70.04% within 24 hours to reach $0.6518, MIRA dropped by 1960.06% within 7 days, rose by 705.84% within 1 month, and dropped by 4656.73% within 1 year.

Technical indicators suggest MIRA has entered a bearish phase following an extended period of volatility. The asset experienced a sharp decline in the previous 24-hour session, with price levels dropping below key support thresholds that had previously acted as floors for the asset’s value. This has triggered a cascade of stop-loss orders, amplifying the downward pressure. Chart patterns formed in the aftermath of the decline show a potential for further correction before stabilizing trends emerge.

Analysts project that the current technical setup could lead to further short-term declines, particularly if the price fails to retest critical support levels within the next seven days. The RSI indicator has entered oversold territory, indicating a potential overreaction in the market. However, due to the sharp nature of the drop, a rebound may be limited in scope unless broader market conditions shift in favor of risk-on assets.