0G -565.9% 24H Drop Amid Sharp Volatility

On OCT 9 2025, 0G dropped by 565.9% within 24 hours to reach $2.633, 0G dropped by 1222.93% within 7 days, rose by 370.08% within 1 month, and dropped by 4558.98% within 1 year.

The asset has experienced extreme price swings in the recent past, showing a sharp 24-hour drop followed by a partial recovery over the last month. These movements suggest high volatility and may indicate a reaction to underlying systemic shifts or a loss of institutional or retail confidence. Despite the monthly rebound, the one-year trend continues to show a precipitous decline, underlining long-term bearish momentum.

Technical indicators on 0G have shown conflicting signals recently. The Relative Strength Index (RSI) has moved into oversold territory, suggesting potential for a short-term rebound. However, the Moving Average Convergence Divergence (MACD) has shown a bearish crossover, signaling further downward pressure. These diverging patterns present a challenge for short-term traders, as the asset remains in a structurally weak position despite brief signs of recovery.

Backtest Hypothesis

A proposed backtesting strategy for 0G involves using a combination of RSI and MACD to identify potential entry and exit points. The strategy triggers a buy signal when RSI enters the oversold zone (typically below 30) and MACD shows a bullish crossover. Conversely, a sell signal is generated when RSI shows overbought conditions and MACD indicates a bearish crossover. This approach aims to capitalize on the asset’s volatile nature by entering during potential bottoming phases and exiting before further declines.

The hypothesis is based on the assumption that 0G’s extreme volatility will persist, offering multiple short-term trading opportunities. Historical data over the last 12 months shows multiple instances where the RSI crossed into oversold territory before bouncing, although these bounces were often short-lived. The strategy does not aim to capture the full upside of any rally but to ride small rebounds while minimizing exposure to deep selloffs.