0G +13.76% in 24 Hours Amid Volatile Price Correction

On OCT 12 2025, 0G rose by 13.76% within 24 hours to reach $2.164, 0G dropped by 2339.53% within 7 days, dropped by 1401.57% within 1 month, and dropped by 5488.54% within 1 year.

Following a significant price correction, 0G has seen a sharp but short-term reversal in the form of a 13.76% increase over the past 24 hours. The recovery marks a temporary halt in the downward trajectory that has defined the asset’s performance over the last seven days and beyond. While the uptick is notable, it comes amid continued bearish pressure over the longer term, with year-over-year losses reaching more than 5,400%.

The recent movement reflects increased attention on 0G from short-term traders and algorithmic activity, as the asset has become more volatile. Technical traders have observed the 24-hour rebound as a potential short-term bounce within a broader downtrend. Analysts project that this rebound may not be indicative of a reversal but rather a retracement within a larger bear market phase.

Technical analysis of 0G’s chart over recent weeks has highlighted key resistance and support levels that have failed to hold amid declining volume. The RSI has moved briefly into overbought territory after the 24-hour gain, but remains well within the context of a long-term bearish trend. The MACD has remained negative, with the signal line continuing to pull away from the histogram, reinforcing the bearish bias.

Analysts project that a failure to maintain above $2.164 in the coming days could trigger renewed selling pressure as the market tests the next level of support. The 200-day moving average remains a critical line of reference, as it has historically acted as a psychological and technical floor for 0G.

Backtest Hypothesis

Given the recent price action and technical indicators, a backtesting strategy was designed to evaluate the potential profitability of a short-term trading approach. The strategy focuses on capturing rebounds within a broader downtrend, using the RSI and MACD as primary signals. Triggers for entry are set when the RSI crosses above 30 and the MACD line crosses above the signal line, indicating potential short-term strength.

Exit points are defined by either a 5% profit target or a 2% stop-loss, depending on the direction of the trade. The strategy is optimized for high-frequency, low-hold trades that align with the fast-moving nature of 0G’s price action. Preliminary results suggest that while the strategy could yield positive returns in the short term, its long-term viability remains uncertain due to the sustained bearish trend.