DOLO Plummets by 526.09% Within a Day as Market Faces Decline
- DOLO’s price plummeted 526.09% in 24 hours, with 6757.92% loss over a month, reflecting extreme bearish sentiment. - Analysts attribute the decline to broader market conditions and asset reallocation, not isolated factors. - Technical indicators show oversold conditions and broken support levels, but lack buying pressure hinders recovery. - A backtesting strategy using RSI/MACD signals aims to capture short-term rebounds amid the downtrend.
On September 25, 2025,
DOLO has experienced a dramatic drop in value, with its price sharply decreasing across all major periods. The 526.09% plunge in a single day underscores the severity of the current sell-off, which far exceeds normal market corrections. In the last month alone, the token has shed 6757.92% of its worth, reflecting a persistent and strong bearish trend. Experts attribute this downturn to wider market dynamics and shifts in asset allocation.
Recent technical analysis of DOLO indicates that crucial support levels have failed, as the token could not maintain a price above $4.50. Both the RSI and MACD indicators signal oversold conditions, which could hint at a potential short-term rebound or a period of consolidation. Nevertheless, the lack of significant buying interest has stopped any notable recovery from taking place. Market observers have remarked that DOLO’s price movement has deviated from standard market patterns, suggesting deeper structural challenges.
Backtest Hypothesis
A backtesting approach was developed using historical price trends and trading volume patterns seen in DOLO’s recent activity. This method combined RSI and MACD crossover signals to pinpoint possible buy and sell opportunities. The main idea was to initiate long trades when the RSI moved back above 30 and the MACD indicated a bullish crossover, and to exit positions if either indicator showed bearish divergence or if a critical support level was broken. The strategy was designed to take advantage of short-term recoveries within the overall downward trend.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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