POLJPY -14.59% in 24 Hours Amid Volatile Market Corrections
On SEP 6 2025, POLJPY dropped by 14.59% within 24 hours to reach $41.32, POLJPY rose by 272.64% within 7 days, rose by 46.48% within 1 month, and dropped by 4222% within 1 year.
The recent 24-hour price decline marks the latest episode in a pattern of extreme volatility for POLJPY. While the token surged nearly 272.64% over the past week and gained 46.48% in the last month, this sharp correction has reignited concerns among traders about the sustainability of the recent rally. The drop follows a rapid accumulation phase in which the token moved into overbought territory, setting the stage for potential profit-taking and technical breakdowns.
From a technical perspective, the breakdown below critical support levels has drawn attention. Traders and analysts have been closely watching the 200-day and 50-day moving averages, both of which have acted as benchmarks for trend direction. The current price action has moved below these levels, indicating a potential shift in momentum. Additionally, the relative strength index (RSI) has crossed into oversold territory, though this metric is often unreliable for assets with such sharp and frequent swings.
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