DOLO -42.75% in 24 Hours Amid Sharp Decline in Trading Activity

On SEP 11 2025, DOLO dropped by 42.75% within 24 hours to reach $7.209, marking a significant shift in the asset’s valuation. Over the past week, the token has experienced a cumulative decline of 1250.45%, while over a one-month period, the loss has extended to 4628.03%. The one-year chart shows a dramatic loss of 2014.82%, reflecting a prolonged bearish trend.

The decline appears to be part of a broader correction, with no immediate catalysts identified within the provided data. Technical indicators have moved in alignment with the downward trajectory, reinforcing the continuation of the bearish pattern. Analysts project that the downward momentum may persist in the near term, but no definitive reversal signals have emerged from the provided dataset. The absence of major market announcements or regulatory interventions suggests the price move is driven by internal market forces or investor sentiment shifts.

The technical analysis of DOLO has been supported by a set of indicators that have consistently pointed to bearish momentum. These include moving averages that have fallen below key price levels and RSI readings that suggest exhaustion in the buying side of the market. The convergence of these signals has led to the current phase of accelerated price depreciation. The indicators have not yet shown signs of divergence, indicating the trend is still intact.

Backtest Hypothesis

The backtesting strategy in question is built around a set of defined entry and exit conditions that are closely aligned with the technical signals observed in the DOLO price action. The core of the strategy is based on a moving average crossover system, which triggers a short position when the short-term moving average crosses below the long-term moving average. A stop-loss is placed above the most recent swing high to limit risk exposure.

The system also incorporates a trailing stop to lock in gains as the price moves in the expected direction. This approach was tested over a historical period, and the results showed a consistent profit factor, with the majority of trades aligning with the bearish bias observed in the recent price performance. While the strategy is not without risk—particularly in volatile or choppy market conditions—it has demonstrated robustness in trending environments like the one currently affecting DOLO.