DOLO Experiences a 75.84% Increase Within 24 Hours as Price Rises Rapidly in the Short Term

On September 11, 2025, DOLO experienced a dramatic 75.84% surge in value within a single day, reaching $7.322. Despite this spike, the token has suffered substantial losses, dropping 1146.25% over the past week, 4564.05% in the previous month, and 1919.72% throughout the last year.

This sudden price jump marked a notable shift from DOLO’s recent downward trend. Although the longer-term returns remain deeply negative, the rapid upswing has drawn renewed interest from short-term traders. The entity behind DOLO has not issued any statements regarding the abrupt price movement, prompting speculation among analysts that the rally could be attributed to speculative activity, short squeezes, or changes in market liquidity.

Following this 24-hour surge, technical analysis presents conflicting signals. The Relative Strength Index (RSI) climbed into the overbought zone, and the Moving Average Convergence Divergence (MACD) indicator crossed above its signal line, hinting at a possible extension of the rally. However, with the prior significant losses and absence of underlying news, analysts warn that the price increase may be temporary unless supported by a broader market recovery or concrete developments.

Backtest Hypothesis

The suggested backtesting methodology involves pinpointing assets that display similar technical setups prior to sharp upward reversals. This strategy seeks out overbought RSI levels combined with a bullish MACD crossover. Historical performance would be analyzed by entering long trades after these signals occur, and exiting either when the RSI hits oversold conditions or when the MACD begins to diverge. The approach is designed to capitalize on short-term momentum without depending on fundamental events, instead exploiting the asset’s volatility. Effectiveness would be measured using statistics like win rate, average profit per trade, and maximum drawdown to judge its reliability across different market cycles.