COOKIE Up 59.32% in 24 Hours Amid Sharp Short-Term Volatility

On SEP 3 2025, COOKIE rose by 59.32% within 24 hours to reach $0.1222, COOKIE dropped by 556.88% within 7 days, dropped by 278.46% within 1 month, and dropped by 7400.35% within 1 year.

The sudden 24-hour price surge represents an anomaly in COOKIE’s otherwise steep decline over the past week and month. This brief rebound stands in stark contrast to the broader trend of depreciation observed in recent days, highlighting the asset’s high volatility. The rise suggests a short-term influx of bullish sentiment or algorithmic trading activity, though the underlying fundamentals have not shown material improvement to justify sustained gains.

Despite the upward movement in the last 24 hours, COOKIE’s performance over the seven-day period reflects significant bearish pressure. The 556.88% drop over that span underscores the asset's heightened sensitivity to market conditions and the presence of a dominant short-term sell-off trend. This pattern aligns with broader speculative trading dynamics rather than a stable market-driven valuation shift.

Backtest Hypothesis

A proposed backtesting strategy aims to model COOKIE’s recent price behavior using a combination of moving averages and volume-based signals to identify high-probability entry and exit points. The strategy hinges on detecting short-term divergences between price and volume to capture momentum shifts. By applying this framework to COOKIE’s historical data, including the anomalous 24-hour gain and the subsequent sharp decline, the backtest seeks to evaluate the effectiveness of these signals in predicting such extreme volatility. The hypothesis is that volume divergences may have provided early warnings of the sell-off, making the approach potentially useful for managing exposure during periods of market instability.