Current price trend shows a decline of 2.957% within the last 24 hours.
Prices have bounced between 0.0745 and 0.0661.
The upper Bollinger Band is at 0.0727 while the lower band indicates 0.0685.
Since the price is approaching the lower band, a potential rebound could occur, indicating a temporary oversold condition.
Volatility appears to be contracting, suggesting reduced price fluctuations ahead.
Consider placing a stop-loss at 0.0661 to manage downside risk.
Recommended action: Wait for a confirmation of support at 0.0672 before entering any trade.
