$XVS is currently trading at 6.08, just below the upper Bollinger Band at 6.15.
This proximity suggests potential overextension, indicating a possible pullback.
Support at 5.99 remains critical; a break below this level could lead to further declines.
Market volatility appears to be contracting, which may precede a breakout or breakdown.
Consider setting a stop-loss below 5.99 to manage risk effectively.
Recommended action: wait for a clear signal before entering, or set alerts near key levels.
