AVNT +506.5% in 24 Hours on Strong Short-Term Surge

On OCT 3 2025, AVNT surged by 506.5% within 24 hours to reach $1.185. Despite this sharp intraday increase, the token has experienced a 1994.2% decline over the past week and an 829.86% drop over the last month. However, over the past year, AVNT has seen a dramatic 4665.43% appreciation, indicating a highly volatile asset with potential for both rapid gains and losses.

The recent spike appears to be driven by a surge in speculative interest, potentially linked to short-term market sentiment or a sudden influx of buy-side activity. Analysts project that the sharp one-day rise may not necessarily signal a reversal in the broader downtrend, especially in light of the token’s steep declines over the past week and month.

Following the sharp intraday jump, several key technical indicators have been recalibrated. The RSI has moved into overbought territory, while the MACD has shown a narrowing histogram, suggesting a potential slowdown in upward momentum. Traders are closely monitoring the moving average lines, particularly the 50-day and 200-day EMA, to assess whether the recent move could be a short-term rebound or a false breakout.

Backtest Hypothesis

To evaluate the potential for a short-term reversal after a large one-day move, a backtesting strategy has been proposed. This strategy focuses on identifying patterns where a sudden surge is followed by a pullback or consolidation phase. The core of the hypothesis is that a sharp rise into overbought conditions is often followed by a period of correction, particularly if it does not result in a sustained break above key resistance levels.

The backtest would monitor for instances where AVNT surges by more than 400% in 24 hours and enters overbought RSI territory. It would then measure the subsequent movement over the following 7–14 days to determine whether a retracement of at least 20% from the high occurred. This approach aims to validate whether such spikes are reliable signals for a short-term trade-off or if they often lead to continued gains.