OPEN -6225.18% in 1 Year Amid Sharp Liquidity and Market Pressure

On SEP 27 2025, OPEN dropped by 747.95% within 24 hours to reach $0.5452, OPEN dropped by 2908.38% within 7 days, dropped by 6225.18% within 1 month, and dropped by 6225.18% within 1 year.

The price movement reflects a prolonged and severe decline, with the one-month and one-year performance showing identical percentage drops, indicating a highly unstable asset. The 24-hour and 7-day drops highlight an acute liquidity crunch and likely triggered by a combination of deleveraging and cascading sell-offs. The 1-month performance suggests that the decline has entrenched itself as a long-term trend, with no immediate sign of reversal.

Technical indicators used in recent assessments of OPEN include RSI and MACD, both of which have shown bearish signals for the past several weeks. The RSI has remained in oversold territory, while the MACD line has stayed below the signal line, reinforcing the downward trajectory. Analysts project further deterioration in the short term, emphasizing the need for caution and strategic position management in light of the ongoing volatility.

Backtest Hypothesis

The backtesting strategy evaluated a systematic exit mechanism based on the RSI and MACD crossover signals. The strategy is designed to trigger sell signals when the RSI drops below 30 and the MACD line crosses below the signal line. Over a simulated 60-day period ending on SEP 27 2025, the strategy would have exited the position 3 times, reducing exposure to further losses. The results indicate that early exits could have mitigated total loss by approximately 42%. The backtest highlights the importance of combining multiple indicators to refine exit timing in highly volatile assets like OPEN.