RAD - -59.44% in 24 Hours Amid Sharp Volatility

On SEP 6 2025, RAD dropped by 59.44% within 24 hours to reach $0.675, RAD rose by 182.65% within 7 days, dropped by 147.28% within 1 month, and dropped by 4969.92% within 1 year.

RAD experienced a dramatic price correction over the past day, declining nearly 60% to $0.675. This sharp drop followed a brief but significant 182.65% gain in the prior week. The volatility highlights the asset’s ongoing struggle to establish a clear directional bias after a year of extreme bearish pressure.

Technical indicators suggest the asset has entered an oversold territory, with the RSI reading well below 30 and the MACD histogram showing a strong bearish divergence. These metrics point to a potentially exhausted short-term trend, but traders should remain cautious as the chart lacks a discernible floor amid a prolonged bear market.

Backtest Hypothesis

The proposed backtesting strategy focuses on a contrarian trading approach based on key technical indicators. It triggers a short position upon a bearish crossover of the 12-period and 26-period MACD, paired with an RSI below 30. Exit signals occur either when the RSI rebounds above 50 or upon a bullish MACD crossover. A stop-loss is set at a fixed 5% above the entry point to limit downside risk. The strategy aims to capture rapid price reversals amid high volatility.