$LEVER has experienced a modest 1.458% price change in the last 24 hours, reflecting volatility as it oscillates between a low of 0.000655 and a high of 0.000712. Currently, it resides within a downtrend, confined by Bollinger Bands, indicating weak momentum. Support at 0.000655 is crucial, while resistance at 0.000785 will be a challenge to overcome. Macroeconomic conditions, including inflation and regulatory uncertainty, continue to weigh on investor confidence. With Bitcoin's correlation remaining undefined, traders should adopt a short-term approach given the current volatility. Key takeaway: maintaining vigilance on macroeconomic trends will be essential for navigating LEVER's price action effectively.
