$LAZIO has experienced a -2.744% decline over the past 24 hours, indicating continued downtrend pressure.
With a recent high of 1.066 and a low of 1.025, price action remains constrained within defined support and resistance levels.
The Bollinger Bands suggest a tightening range, indicating potential volatility ahead.
Current macroeconomic uncertainties, such as inflation and regulatory news, are likely impacting sentiment negatively.
Bitcoin's influence remains ambiguous, though its overall volatility can drive altcoin fluctuations.
Traders might consider a short-term approach given the current bearish trend and price volatility.
Key takeaway: Monitor for breakouts around 1.025 and 1.066 to gauge future price direction effectively.
