HOLO surges by 347.83% within 24 hours as technical signals point to a reversal

On September 21, 2025,

saw its price skyrocket by 347.83% within 24 hours, ending the session at $0.3798. This dramatic surge represented a notable reversal from its ongoing decline, as the token had previously dropped by 265.78% over the past week, 1808.6% in the last month, and 1808.6% over the past year. The swift recovery drew the attention of technical analysts, who observed several reversal signals coinciding with possible short covering following a stretch of heavy bearish sentiment.

Multiple technical factors and shifts in market positioning seem to have contributed to HOLO’s recent price jump. Traders pointed out a weakening in bearish momentum after critical support levels were breached and subsequently regained. This reversal followed a lengthy phase of selling, with the 200-day moving average serving as a pivotal reference point. According to analysts, the current rally could indicate the start of a larger consolidation period, though the overall downtrend is likely to persist unless sustained bullish movement develops.

HOLO’s price movement over the past day stands in stark contrast to its prior weekly performance, signaling a temporary change in market sentiment. Despite the continued bearish outlook for weekly and monthly timeframes, the 24-hour surge suggests some traders are reentering the market in hopes of a bottom forming. The discrepancy between short-term and long-term trends has become a central topic for those monitoring HOLO’s trajectory. Some believe the rally may be the result of algorithm-driven trades and increased on-chain activity, though this has yet to be confirmed.

The 347.83% leap in HOLO’s price within a single day is being carefully examined against its technical backdrop. This movement fits the profile of a typical “short-term bounce,” where a token recovers from a key support before resuming its original direction. In HOLO’s case, the sharp uptick may represent a countertrend rally, rather than a definitive bottom or top. Experts suggest that further validation is needed in the coming days to determine if this is an isolated uptick or the start of a more pronounced trend shift.

Backtesting Approach

To assess the viability of entering on reversals in HOLO, a backtesting method has been outlined. This approach utilizes the Relative Strength Index (RSI) in tandem with the 200-day moving average as main triggers. A buying opportunity is signaled when the RSI drops below 30, signaling oversold conditions, and the price climbs back above the 200-day average. The strategy sets a take-profit at 15% and a stop-loss at 10%, based on the market environment. The goal is to capitalize on quick rebounds during an overall downward trend, as recently seen in HOLO.

The structure of the strategy is tailored for responsiveness to market shifts without the need for hands-on management, making it well-suited to automated trading platforms. Given HOLO’s recent price action, this backtest could offer important insights into how frequently and reliably reversal signals occur in such volatile conditions. Preliminary analysis indicates the method could deliver gains in certain test cases, though ultimate results will rely on how precisely entry and exit points are executed.