SOMI +14619.61% in One Year Amid Volatile Market Movements

On SEP 13 2025, SOMI plummeted by 1132.02% within 24 hours to reach $1.2274. Despite this sharp drop, the token has seen a dramatic resurgence, surging 536.26% over the past 7 days, and an eye-opening 14619.61% increase over the last 30 days and one year, respectively. These figures highlight the extreme volatility inherent in the project and suggest a potential inflection point in its trajectory.

The recent sharp 24-hour drop followed a prolonged period of elevated trading activity. Market observers noted that the decline occurred amid a broader bearish trend affecting several altcoins. While the short-term movement appears bearish, the token's long-term performance has demonstrated resilience, with a significant upward shift over the past year. Analysts project that this divergence between short- and long-term performance could attract traders who are looking to hedge against the volatility and capitalize on potential corrections.

Technical indicators show a mixed picture. Short-term oscillators such as the RSI and MACD have moved into oversold territory following the 24-hour decline, suggesting a potential rebound may be near. On the other hand, the long-term moving averages remain in a bullish alignment, reinforcing the view that the uptrend over the past year has not yet ended. This creates a technical setup that could support both short-term rebounds and longer-term bullish continuation, depending on how volume and sentiment evolve in the coming days.

The interplay between the token’s short-term volatility and its long-term bullish trend has prompted traders to explore strategic setups. One such approach involves using the oversold RSI and MACD as potential entry points for long positions, with stops placed below key support levels identified in the recent decline. This strategy aims to capture potential rebounds while maintaining a disciplined risk management approach.

Backtest Hypothesis

A proposed backtest strategy aims to evaluate the viability of using the RSI and MACD as entry signals in SOMI’s volatile environment. The hypothesis involves entering long positions when RSI drops below 30 and MACD shows a bullish crossover, with a stop-loss placed at a defined support level. Exit signals are based on RSI returning above 70 or when the MACD line crosses below the signal line. The backtest would focus on the period from July to September 2025, leveraging the recent volatility and large price swings to assess the effectiveness of the strategy.

The results would aim to quantify the win rate, risk-reward ratio, and maximum drawdowns associated with the approach. This evaluation is designed to determine whether the strategy could have captured the recent 536.26% 7-day rally and managed the 1132.02% 24-hour decline in a controlled manner.