$AUDIO has experienced a notable decline of 7.703% in the last 24 hours, with prices oscillating between 0.0795 and 0.0691. Current support at 0.0691 aligns closely with the lower Bollinger Band at 0.0682, indicating potential for a bounce if bearish momentum eases. However, the broader market trend remains down, suggesting that traders should be cautious. Factors such as inflation data and regulatory developments may further dull market sentiment. Given Bitcoin’s undefined influence, traders are advised to adopt a short-term approach, capitalizing on potential volatility while keeping an eye on resistance at 0.0814. The key takeaway is to remain nimble and watch for signs of reversal at critical support levels.
