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SSV has dropped by 12.21% over the past 24 hours as technical conditions worsen

SSV has dropped by 12.21% over the past 24 hours as technical conditions worsen

Bitget-RWA2025/09/27 00:52
By:CryptoPulse Alert

- SSV plunged 12.21% in 24 hours to $7.372, with 622.61% 7-day and 1,710.75% annual declines. - Technical indicators show bearish divergence: RSI at extreme lows and MACD bearish crossover confirm downward momentum. - Analysts warn $6.50 is next critical support level after 50-day MA breakdown triggered cascading sell-offs.

On September 26, 2025, SSV experienced a sharp 12.21% decline in just 24 hours, dropping to $7.372. Over the past week, SSV fell by 622.61%, saw a 1613.53% decrease in the last month, and plummeted 1710.75% over the past year.

Technical analysis reveals that SSV is entrenched in a strong bearish phase, as both the RSI and MACD indicate negative signals. The RSI has sunk to notably low values, reflecting minimal buying interest, while the MACD has moved below its signal line, confirming the downward momentum. These indicators suggest that the asset may continue to face selling pressure in the short term.

Throughout the last month, the price has consistently breached important support levels, with little evidence of buyers stepping in to reverse the trend. The recent dip below the 50-day moving average triggered more stop-losses, resulting in a rapid sell-off. Experts believe the next significant support zone is near $6.50, which could be crucial for any potential recovery.

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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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