$SSV has experienced a significant downturn, with a price drop of 8.33% over the past 24 hours, hitting a low of 5.81. This positions the asset precariously near its support level. The RSI at 28.27 indicates oversold conditions, potentially motivating buyers to step back in, but market sentiment remains unclear. If the price tests support at 5.81 again, a bounce could lead to a retest of resistance at 7.16; however, failure to hold support could open the door for further declines. Watch for any upcoming news that might shift sentiment or lead to increased volatility.

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