On September 14, 2025,
Latest on-chain metrics reveal a rise in short-term trading activity, but there have been no significant institutional investments or protocol advancements to account for this jump. The recent volatility appears mainly fueled by speculative trading rather than concrete updates or expansion within the project’s ecosystem. Reactions from investors have been mixed regarding HOLO’s swift 24-hour rally, with many interpreting it as a brief rebound within an extended downward trend.
Analysis of technical signals points to the persistence of the bearish outlook, despite the recent upswing. Both the 20-day and 50-day moving averages are well below current price levels, reflecting a lack of ongoing momentum. The Relative Strength Index (RSI), propelled into overbought territory by the recent spike, suggests a possible reversal may occur. These indicators imply resistance is being tested, but there is little evidence of a lasting change in market sentiment.
The backtesting strategy for HOLO is centered on spotting entry and exit opportunities using RSI thresholds and moving average crossovers. This approach targets short-term overbought or oversold scenarios while aiming to minimize broader market noise. Given the pronounced volatility and absence of clear fundamental trends, the model puts particular emphasis on risk controls and stop-loss mechanisms to protect against abrupt downturns.