#CircleIPO Overall Sentiment: Bearish, but potentially stabilizing.
Current Price: 0.4450 USDT
Key Observations:
* Significant Downtrend: The chart clearly shows a sharp decline from a peak around 1.3941 USDT (likely occurring around late May/early June 2025). This indicates strong selling pressure.
* Recent Support/Consolidation: The price appears to be finding some support in the 0.40-0.45 range after the steep drop. There's a cluster of candles around this level.
* RSI (14): The RSI is at 42.09. While not