0G +63.31% in 24 hours amid bullish technical indicators

On OCT 5 2025, 0G rose by 63.31% within 24 hours to reach $3.038, marking a significant short-term surge. Over the past seven days, the asset recorded an impressive 1893.7% increase, and the same growth percentage was noted over the last month. Despite the recent rally, the 12-month performance remains negative, with a drop of 3759.55%. The recent movement has sparked renewed interest among traders analyzing key technical indicators.

The sharp rise has coincided with the price breaking above key resistance levels and establishing a new bullish trendline. On the daily chart, 0G closed above the 50-period and 200-period moving averages, confirming a positive bias in the near term. The Relative Strength Index (RSI) has moved into overbought territory, signaling a potential pullback or consolidation. However, the strength of the move suggests continued buying pressure may persist in the short term.

Analysts project that the continuation of this upward momentum could depend on the asset’s ability to maintain above the $3.00 level. A failure to hold this support could invite corrective action, while a retest of the breakout level could reinforce the bullish narrative. The Moving Average Convergence Divergence (MACD) has turned positive with increasing histogram bars, indicating growing upward momentum.

Backtest Hypothesis

A potential strategy for 0G involves entering long positions when the price crosses above both the 50- and 200-period moving averages on the daily chart, with a stop-loss placed below the most recent swing low. The exit is triggered when the MACD histogram begins to contract, or when the RSI falls below 50, whichever comes first. This setup is designed to capture trend continuation during strong momentum phases while managing risk during potential reversals.