COOKIE +894.18% in 24Hr on Strong Short-Term Surge

On SEP 8 2025, COOKIE rose by 894.18% within 24 hours to reach $0.1317, COOKIE rose by 975.21% within 7 days, rose by 876.33% within 1 month, and dropped by 7091.55% within 1 year.

A sharp and volatile price movement characterized COOKIE’s performance in the last 24 hours. The digital asset saw a dramatic 894.18% increase, climbing to $0.1317 by midday on SEP 8. This movement was not an isolated event but part of a broader short-term rebound following a year marked by a dramatic 7091.55% drop. Despite the steep annual decline, the recent upswing suggests a potential stabilization or at least a temporary reversal in sentiment. Analysts project that this rapid ascent could be driven by a combination of speculative trading, strategic inflows, or underlying technical triggers.

COOKIE’s 7-day trajectory saw an even more pronounced 975.21% rise, underscoring the asset’s high volatility. This surge has drawn attention from traders and investors who have traditionally avoided such extreme movements. The 1-month cumulative rise of 876.33% further reinforces the idea that the current rally is not just a short-lived bounce but part of a more sustained recovery phase. However, the long-term outlook remains clouded by the context of a 7091.55% decline over the past year, which raises questions about the sustainability of the current trend.

The recent rally has coincided with increased on-chain activity and elevated open interest levels. These technical indicators suggest that the price action is being driven by both retail and institutional participants. The combination of increased liquidity and strong short-term momentum has created a favorable environment for traders positioning for continuation of the current trend.

Backtest Hypothesis

The observed price behavior of COOKIE aligns with a specific backtesting hypothesis that leverages key technical indicators. The strategy assumes that a combination of the Relative Strength Index (RSI), Moving Average Convergence Divergence (MACD), and On-Balance Volume (OBV) can identify high-probability trading opportunities. Historical data shows that periods of divergence in the RSI and a bullish crossover in the MACD have historically predicted sharp price reversals. The OBV, in turn, confirms the strength of the trend by showing increased accumulation volume during the rally.