REZ +308.37% in 24 Hours Amid Market Volatility

On SEP 8 2025, REZ surged by 308.37% within 24 hours to reach $0.0118. Over a seven-day period, the token fell by 34.07%, while its monthly decline stood at 322.58%, and its annual drop was a massive 6678.02%. The sharp 24-hour increase has drawn attention as the market digests recent on-chain and technical developments.

The 24-hour rally appears to have been driven by a significant shift in trader behavior, marked by a noticeable increase in short-term buying pressure. On-chain data suggests that a portion of the volume was concentrated among smaller wallets, indicating possible retail-driven momentum. However, the broader 7-day and monthly trends remain negative, suggesting the recent rise is an isolated rebound rather than a reversal of the bearish trend.

Technical indicators also show a mixed picture. While the short-term relative strength index (RSI) has entered overbought territory following the spike, the longer-term RSI remains in oversold conditions, reflecting a prolonged bearish cycle. Additionally, the moving average convergence divergence (MACD) line has crossed above the signal line, signaling a potential short-term bullish crossover. Analysts project that if the price holds above the 20-day moving average, further upward movement could be supported in the near term.

The recent 24-hour rally has sparked renewed interest in REZ’s market performance. Traders and analysts are now scrutinizing whether the bounce will persist or if it will fade into the broader downtrend. The market is currently looking for confirmation from key technical levels and volume patterns to determine the next likely direction. So far, the price has failed to break above the 200-day moving average, which continues to act as a psychological and technical resistance.

Backtest Hypothesis

The proposed backtest strategy involves identifying overbought conditions in the RSI on a 1-hour chart and initiating a sell signal when the indicator exceeds 70. A stop-loss is set at the recent swing low, with a target profit level at the nearest support zone. The entry signal is confirmed when the price closes below the 50-period moving average, reinforcing the bearish bias. This strategy aims to capture short-term reversals amid volatile price swings and is designed to be executed within a tight 24-hour window to avoid exposure to broader market shifts.