DOLO Drops 210.71% in 24 Hours as Trading Volume Plummets

On September 18, 2025, DOLO experienced a dramatic 210.71% plunge within a single day, bringing its value down to $6.679 and extending a severe downward trajectory. Over the last seven days, the asset dropped by 686.34%, while the decline since the start of the month reached 5023.06%, and the one-year decrease amounted to 2602.01%. These numbers highlight a significant reversal in both investor confidence and market liquidity, with the sharp fall pointing to notable changes in market behavior.

DOLO's heightened price swings have been linked to both internal events and outside market influences. A key factor seems to be the lack of important strategic updates or clear regulatory guidance, which could have helped stabilize expectations. Although DOLO had previously demonstrated some resilience during certain market phases, its latest descent reveals that this strength has faded. Market observers believe that DOLO will need to show meaningful structural progress or benefit from positive regulatory changes to win back investors.

Recent technical analysis of DOLO indicates a negative outlook, as critical support zones have quickly eroded and resistance points have not held. Moving averages across various periods are pointing downward, confirming the persistent downtrend. The Relative Strength Index (RSI) has entered oversold levels; although this can sometimes foreshadow a reversal, there has yet to be a notable recovery. These technical signals are consistent with the overall price movement, suggesting that further declines could be ahead.

In the Backtest Hypothesis section, a trading strategy is examined based on the aforementioned technical tools. This approach applies a systematic method to trading DOLO, utilizing a blend of RSI, moving averages, and trendline assessments to produce trade signals. The backtest is organized to determine whether a mean-reversion strategy can generate profits in a highly turbulent market environment. It outlines clear entry and exit criteria, aiming to capitalize on short-term market fluctuations within the prevailing downward trend.

The method includes opening long trades when the RSI falls below 30 and the closing price moves above a short-term moving average, all while ensuring that the overall trend remains valid. Positions are exited when the RSI exceeds 50 or the price drops beneath an important support level. Both stop-loss and take-profit thresholds are set in accordance with past volatility patterns. The backtest aims to judge how well these guidelines perform in light of DOLO's recent price behavior.