$SSV has declined by 6.15% in the past 24 hours, suggesting bearish momentum.
Current price levels test the support at 8.5 and the upper Bollinger Band lies at 9.44.
The price is near the lower Bollinger Band, indicating a potential reversal area rather than overextension.
Volatility appears to be contracting, which could precede a breakout in either direction.
Consider placing a stop-loss slightly below support at 8.4 to manage risk.
Recommended action: set alerts and wait for confirmation of a breakout before engaging.
