COMP +63.88% in 24 Hours Amid Sharp Short-Term Volatility

On SEP 1 2025, COMP rose by 63.88% within 24 hours to reach $42.61, COMP dropped by 478.96% within 7 days, rose by 18.84% within 1 month, and dropped by 4201.2% within 1 year.

The rapid 24-hour surge marks a striking reversal in a highly volatile market environment. While COMP had previously fallen by nearly 479% over the past week, the recent sharp rebound suggests a potential short-term bottoming process. The price movement is particularly notable given the broader context of extended bearish pressure over the past year. Traders are now assessing whether the rally will hold or represent a temporary bounce amid continued uncertainty in the crypto market.

Technical indicators show a mixed picture. While the short-term rally has pushed COMP back above key psychological levels, the long-term trend remains bearish, with price still significantly below prior highs. The recent price action has sparked renewed interest among retail and institutional investors, though most remain cautious. Analysts have emphasized the importance of maintaining a disciplined approach, given the highly volatile nature of COMP.

Backtest Hypothesis

In an effort to assess the viability of potential trading strategies around COMP, a specific backtest hypothesis was proposed. The strategy is based on the use of moving average crossovers and volume-weighted average price (VWAP) signals. The core premise is to identify entries when the 20-period moving average crosses above the 50-period line and confirm the signal with a VWAP breakout above the daily open. Stop-loss and take-profit levels are calculated based on recent volatility and prior support/resistance levels.

The backtest aims to determine whether this strategy could have captured recent upswings while avoiding major downturns. Given the current price action, the hypothesis is being tested using historical data from the past year to evaluate its robustness. If the strategy proves effective in simulating the recent 24-hour move, it could provide a template for managing COMP’s extreme volatility in a systematic way.