TokenUnlock

Over the past ten days, MIRA has witnessed a steep decline, falling nearly 22% between September 17 and 27, 2025, as selling pressure intensified across the broader cryptocurrency market. The downturn coincided with a sharp correction on September 22, when global risk sentiment weakened and liquidity across several altcoins thinned out. Although MIRA’s drop reflects market-wide volatility, analysts note that a combination of token-specific dynamics and broader macro sentiment amplified the losses. Despite the sharp sell-off, the project’s fundamentals remain intact, and the recent decline may offer new entry points for long-term investors.
A key driver behind the recent slump is the major token unlock event running from September 22 to 29, which released $1.05 billion worth of tokens into circulation. This sudden increase in supply placed notable downward pressure on prices, particularly as traders adopted a risk-off approach amid broader market weakness. Importantly, there has been no negative development in MIRA’s fundamentals or project roadmap, suggesting that the price action is largely technical in nature rather than driven by deteriorating sentiment toward the project itself. Historically, such unlock events have often resulted in short-term volatility before markets recalibrate to new supply levels.
From a technical standpoint, MIRA now appears to be hovering near oversold conditions, with support zones forming below $0.00026 and resistance capped around $0.0003, the level prior to the latest downturn. Analysts suggest the next few sessions will be crucial in determining whether buyers can reestablish control and defend these support levels. Encouragingly, Binance’s upcoming 6-month MIRA token promotion could serve as a potential price catalyst, stimulating renewed interest and improving market depth. Additionally, the Simple Earn listing is expected to provide more staking opportunities, which could help absorb circulating supply and stabilize the token’s demand in the medium term.
Community sentiment remains divided across Binance Square, reflecting both caution and optimism. While some traders express concern over continued selling pressure during the token unlock window, strategic investors view the pullback as a value accumulation opportunity, especially given the project’s long-term potential and planned promotional initiatives. The market mood, while currently bearish in the short term, may shift toward a more constructive outlook as the unlock event concludes and promotional activities begin to drive engagement. For now, traders are advised to exercise disciplined risk management while monitoring liquidity trends and upcoming developments.
In summary, MIRA’s recent decline highlights the delicate balance between market supply dynamics and investor sentiment in volatile conditions. While short-term challenges persist due to token unlocks and overall market uncertainty, the absence of fundamental deterioration, coupled with Binance-led promotional support, positions the project for a potential rebound once selling pressures ease. As MIRA enters the final quarter of 2025, analysts maintain a year-end price target range of $0.00026 to $0.0005, reflecting a cautiously optimistic view rooted in both technical recovery and renewed investor participation.
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