- TOSHI’s price continues to decline, forming lower highs and lower lows since early 2025.
- Volume remains low and inconsistent, limiting any sustained price recovery attempts.
- Market structure shows strong seller dominance with no visible base or accumulation pattern yet.
TOSHI is trading at $0.0008037 as of press,a modest 1.16% gain in the last 24 hours and a 15.3% over the past week. Despite the slight uptick, the token remains caught in a tight range amid lingering selling pressure.
TOSHI Struggles to Find Support
The TOSHI/USDT pair on MEXC shows a continued downtrend with no signs of a near-term reversal. Currently priced around $0.0008049, the token posted a modest 0.08% increase in the last 24 hours and 15.3% over the past week.
However, these gains mask a deeper weakness as the weekly chart reveals persistent rejection at a descending trendline, signaling strong distribution and sustained bearish pressure from early holders or institutional sellers.
From early 2025, TOSHI’s price action has been marked by choppy consolidation and repeated failures to break above resistance. These attempts culminated in a sharp decline forming a classic lower high, lower low pattern.
The drop accelerated late in Q3 2025, with near-vertical momentum downward that hints at panic selling or a significant loss of market confidence.
Sideways Suffering in the 4-Hour Chart
Candlesticks are indecisive and stuck between the Bollinger Bands midline and lower band, suggesting a lack of momentum or breakout potential. The Relative Strength Index (RSI) is around 50—neither oversold nor overbought—indicating a market stuck in neutral.
The Moving Average Convergence Divergence (MACD) lines converge pointing to exhaustion without a bullish or bearish signal. Volume is low and erratic, reflecting a quiet market with no large buyer interest or retail frenzy. The depth chart also shows sell walls outweighing buy orders, with holders neither eager to sell nor buy, creating stagnation and a slow price bleed.
No Base Yet, But Community Interest Grows
Despite technical weakness, TOSHI’s ties to Coinbase and its role as the mascot for the Base blockchain lend it significant community support. The token’s social dominance metric, as reported by Santiment, has been climbing steadily, marking the highest community chatter since March.
Additionally, healthy token distribution—with the top 10 wallets holding less than 20%—reduces concentrated sales pressure.Trading volume mainly comes from Upbit and Coinbase investors, with speculation that a Binance listing could boost liquidity and market cap. However, until a confirmed trendline break with volume occurs and higher lows form, caution remains key.
