DOLO drops 9.41% in 24 hours during significant market pullback

On September 21, 2025,

experienced a 24-hour decline of 9.41%, falling to $6.424. Over the past 7 days, DOLO plummeted by 906.37%, dropped 5260.38% in a month, and saw a decrease of 2954.77% over the year.

DOLO's continued price drop underscores an ongoing strong bearish momentum that has persisted across several timeframes. The asset has faced relentless selling pressure, with its 24-hour performance mirroring a broader trend of market withdrawal. Both traders and investors have steadily pulled funds from DOLO, and there is little evidence of stabilizing sentiment or renewed interest from institutions. This shift is notable considering DOLO's earlier status within the crypto asset landscape.

From a technical analysis perspective, DOLO has broken below critical support zones that previously acted as important psychological and strategic thresholds. The current trading price is well underneath both the 50-day and 200-day moving averages, which could indicate that bearish sentiment is intensifying. Experts anticipate the possibility of further declines if these technical indicators continue to signal weakness without any significant reversal activity. The RSI remains firmly in oversold territory, but its failure to spark a rebound casts doubt on the chances for a short-term turnaround.

Backtest Hypothesis

A suggested trading method for DOLO utilizes several technical tools, including RSI, moving average crossovers, and analysis of volume discrepancies. The backtesting process aims to simulate buying and selling decisions based on historical price movements, emphasizing the detection of early signals for a potential trend shift. This approach is oriented toward short-term trades, aiming for modest yet steady profits through careful risk management and disciplined position sizing.

The underlying premise is that using RSI divergence along with breaches of important moving averages could offer a predictive advantage when dealing with DOLO’s volatility. By adding volume-based filters, the backtest attempts to limit false signals and boost the odds of successful trading opportunities. This strategy is crafted to reflect DOLO’s typical price action, especially during prolonged downtrends.