HOLO -87.8% in 24 Hours Amidst Market Volatility

On SEP 15 2025, HOLO dropped by 87.8% within 24 hours to reach $0.431, HOLO dropped by 774.19% within 7 days, dropped by 774.19% within 1 month, and dropped by 774.19% within 1 year.

Following a sharp price correction, HOLO has seen one of the most dramatic intraday drops in recent memory. The token's 24-hour decline marks the most significant single-day drop since its listing, with prices now at a fraction of their previous levels. This sharp drop came amid a broader bearish sentiment in the crypto market, which saw several other tokens experience heavy selling pressure, but HOLO’s move stands out due to its magnitude.

Technical indicators suggest the token may have entered a short-term bearish consolidation phase. The 20-period moving average has fallen below the 50-period line, signaling a potential shift in momentum. Similarly, the RSI has dipped well below the 30 threshold, indicating oversold conditions. However, the market has yet to show signs of a reversal, as volume has not picked up following the decline, and the MACD line remains in negative territory, reinforcing the bearish outlook.

Backtest Hypothesis

The backtesting strategy proposed is built on a combination of moving averages and RSI signals, aiming to capture potential short-term trades in a bearish environment. The strategy employs a short bias when the 20-period moving average crosses below the 50-period line and the RSI remains below 30. It includes a stop-loss rule to protect against unexpected rebounds and a take-profit mechanism to lock in gains before volatility increases. The model does not assume a reversal but rather seeks to ride the downtrend while managing risk through tight stops.