AVNT Drops 14.54% in 24 Hours Amid Volatile Price Fluctuations

On SEP 18 2025, AVNT dropped by 14.54% within 24 hours to reach $1.0983. Over the past week, the asset rose by 3562.96%, signaling a dramatic reversal in its recent trajectory. The 1-month and 1-year price changes mirror the 7-day figure, reflecting a consistent and historically significant upward trend over the past 30 and 365 days.

The sharp intraday correction has drawn attention from market observers and traders who are closely monitoring whether this pullback represents a short-term volatility spike or a potential consolidation phase. The price movement does not appear to be tied to specific announcements, partnerships, or earnings reports, suggesting the drop may stem from broader market sentiment or algorithmic trading pressures. Despite the 24-hour decline, the overall long-term trend remains firmly bullish, with AVNT having surged over 3,500% in both the past month and year.

Technical analysts are focusing on key support and resistance levels as the price retests critical thresholds following the sharp drop. The current price level is positioned near a major moving average, which traders are watching closely to gauge whether AVNT will regain upward momentum or face renewed selling pressure. Momentum indicators have shown a mixed signal, with the relative strength index (RSI) flashing into overbought territory in the preceding days, suggesting that the pullback may have been a necessary correction after rapid gains.

The sudden 14.54% drop within 24 hours stands in stark contrast to the robust weekly and monthly performance of AVNT, highlighting the extreme volatility characteristic of high-growth assets. Investors are advised to remain cautious, particularly in the absence of clear fundamental catalysts driving the price swings. The market’s current state is best characterized by uncertainty, with both retail and institutional traders recalibrating their positions ahead of the next potential catalyst.

Backtest Hypothesis

A backtesting strategy was developed based on the recent performance and technical indicators surrounding AVNT’s price action. The proposed strategy is designed to capture short-term volatility while managing exposure during rapid price swings. The core premise is to enter long positions following a confirmation of a breakout above the 50-period and 200-period moving averages, with stop-loss levels placed below key support levels identified during the recent price drop. Exit signals are generated when the price closes below the 50-period moving average or when the RSI enters oversold territory, indicating potential for a rebound.

This approach aims to align with AVNT’s recent price behavior, where sharp corrections have historically been followed by strong rebounds. The strategy leverages the momentum seen in the 7-day and 1-month gains, while also accounting for the recent intraday drop. By combining moving averages with RSI readings, the backtest is intended to filter out noise and focus on actionable trading signals that could capture both upward and downward trends.