DOLO +105.39% in 24 Hours Amid Sharp Volatility

On SEP 6 2025, DOLO rose by 105.39% within 24 hours to reach $7.598, but has experienced a dramatic decline over longer timeframes. The coin dropped by 1454.2% within 7 days, 4364.68% within 1 month, and 1623.36% within 1 year. This sharp reversal highlights a period of intense market activity and volatility, with DOLO’s price action capturing significant investor attention amid a broader bearish trend.

The price surge of DOLO in the 24-hour period contrasts sharply with its recent performance. Despite this short-term rally, the broader trend continues to reflect a sustained bear market. Traders and analysts have closely monitored the price movement, noting the unusual nature of the upswing in the context of a prolonged downturn. The sharp reversal within a single day does not yet appear to signal a broader trend reversal, as the coin remains well below its levels from just a few weeks ago.

Technical indicators suggest a continuation of bearish momentum. The RSI and MACD have not provided bullish confirmation despite the overnight jump, indicating that the rally may be more of a correction than a trend reversal. The price remains below key moving averages and is still entrenched in a long-term bear channel. Analysts project that without a sustained move above the $10 resistance level, further downside remains likely.

Backtest Hypothesis

To evaluate the potential for DOLO’s recent price action to inform a trading strategy, a backtesting approach has been designed. The strategy involves using a combination of RSI, MACD, and moving average crossovers to identify potential entry and exit points. Specifically, a long position is triggered when RSI falls below 30, MACD crosses above zero, and the 50-period EMA crosses above the 200-period EMA. A short position is initiated when RSI rises above 70, MACD crosses below zero, and the 50-period EMA crosses below the 200-period EMA. This systematic approach aims to capture short-term trends amid the coin’s pronounced volatility.