BARD drops 30.23% as intense bearish pressure persists during ongoing market volatility

On September 26, 2025, BARD experienced a steep 30.23% drop within a single day, falling to $1.1087 as market volatility surged and bearish sentiment dominated. This sharp fall occurred even after the asset had soared 517.96% over the previous week and climbed 451.41% in the last month. Experts anticipate that the current turbulence may continue as investors respond to changing market moods and broader economic influences.

The asset has shown a notable tendency for rapid fluctuations, with swift recoveries often followed by abrupt declines. This volatility has attracted both short-term speculators and long-term investors who are evaluating the potential impact on those holding for extended periods. Technical signals like the RSI and MACD have recently indicated overbought conditions, pointing to the likelihood of a consolidation period ahead.

The latest price slide happened alongside a reassessment of risk across various markets. Institutional investors have largely stayed on the sidelines, while retail traders appear increasingly cautious, as seen in the reduced activity on major trading platforms. Although the strong weekly gains highlight underlying resilience, the sharp daily loss suggests a possible change in short-term market trends.

The 120-period moving average has served as a key support level, but recent trading saw prices dip below this benchmark. This breach has heightened bearish sentiment and prompted many traders to close out positions. The growing gap between momentum indicators and price action has also sparked concerns about the asset’s underlying strength, with many watching closely for a test of important support zones.

BARD’s current chart pattern displays a classic bearish reversal, featuring a clear upper trendline and declining trading volumes. The interaction of these technical factors is likely to influence near-term price movements. Analysts warn that if prices remain below $1.00, it could trigger further stop-loss selling and deepen the downward move.

Backtest Hypothesis

In light of recent price developments and technical signals, a backtesting approach has been suggested to assess possible trading opportunities in the upcoming weeks. The method involves initiating short trades when the price falls beneath the 120-period moving average, confirmed by a bearish divergence in the RSI. Stop-losses are set just above the latest resistance, and profit targets are determined using a 1:1 risk-to-reward ratio based on the distance to the closest support.

The premise is that this strategy could have captured much of the recent downturn if applied before the 24-hour drop. Results from the backtest will be essential in evaluating the effectiveness of this approach for future trades.