AVNT Drops 30.06% in 24 Hours Amid Market Volatility

On SEP 23 2025, AVNT experienced a significant drop of 30.06% within 24 hours, settling at $2.0514. Despite this sharp decline, the token had surged by 8,691.15% over the past seven days and by 15,387.65% in both the last month and the past year. The recent volatility reflects the high sensitivity of AVNT to broader market sentiment and liquidity shifts in the digital asset space.

The decline appears to be part of a broader pattern observed in AVNT’s recent price movements. While the asset has seen substantial gains over the past several weeks and months, the sharp pullback highlights the market’s inherent unpredictability. Analysts have noted that AVNT’s price is increasingly influenced by speculative trading activity and macroeconomic factors, despite the lack of fundamental changes in the underlying project or adoption metrics.

The token’s performance over the past 24 hours suggests a potential correction or consolidation phase following months of rapid appreciation. This development has raised questions among investors about the sustainability of AVNT’s recent momentum. Analysts project that further volatility may persist, with the possibility of additional swings depending on liquidity conditions and broader digital asset market sentiment.

Technical indicators suggest AVNT has entered a period of uncertainty. The RSI has moved into oversold territory, while the MACD has crossed below its signal line, signaling potential bearish momentum. Traders are closely watching key support levels near $2.00 to assess whether AVNT can stabilize or if the downward trajectory will continue. The long-term trend, however, remains intact, with multiple analysts reiterating bullish views based on AVNT’s one-year performance.

Backtest Hypothesis

A proposed backtesting strategy aims to evaluate a systematic trading approach using the technical indicators discussed. The strategy is built on a combination of RSI and MACD signals, with entries initiated when RSI falls below 30 and MACD confirms a bearish crossover. Exits are triggered when RSI rises above 70 or when the MACD line crosses above the signal line again, indicating a potential reversal in the downward trend. Stop-loss and take-profit levels are dynamically adjusted based on the 20-day ATR to account for varying volatility.

The backtest will simulate this strategy over a historical period, focusing on the 30-day performance window leading up to the current decline. The goal is to determine whether the strategy would have effectively captured the recent volatility while preserving capital during drawdowns. By isolating the performance of this structured approach, the test aims to validate or refute the effectiveness of using RSI and MACD in managing AVNT’s price swings.