OPEN has dropped by 189.51% within 24 hours during a significant market pullback

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Bitget-RWA2025/09/12 06:14

By:CryptoPulse Alert

- OPEN's price plummeted 189.51% in 24 hours to $0.8907, marking its largest intraday decline in history. - The token fell 3793.63% over 7 days, matching identical monthly and yearly declines, signaling severe bearish momentum. - Technical analysts cite broken support levels and lack of bullish catalysts as key drivers of the sustained sell-off. - Absence of stabilizing volume or reversal patterns leaves the market vulnerable to further downward pressure.

On September 12, 2025, OPEN plunged by 189.51% in a single day, falling to $0.8907. Over the past week, month, and year, OPEN has declined by 3793.63% in each respective time frame.

OPEN has recently experienced a steep decline, suffering its largest one-day loss in recent times with the price dropping sharply to $0.8907 in the last 24 hours. This significant decrease came after a prolonged sell-off spanning several days, resulting in a 3793.63% fall over the past week, month, and year. Such numbers underscore the intense downward momentum currently affecting the asset.

Market technicians point to the breach of major support zones and the inability to stay above vital moving averages as reasons for the decline. The recent trading activity reflects a negative shift in market sentiment, with participants exiting their positions amid a lack of positive news or fundamentals to support a short-term recovery. The ongoing absence of bullish signals leaves the token vulnerable to additional losses, with no current evidence of stabilization or increased trading volume that might suggest a reversal is on the horizon.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Bitget-RWA•2025/09/12 06:14