$SUPER has experienced a notable decline of 4.478% in the last 24 hours.
With a high of 0.6418 and a low of 0.5882, it is testing its lower Bollinger Band at 0.5904.
Current support sits at 0.5882, while resistance is identified at 0.6235.
The overall market trend is bearish, suggesting a weak downtrend.
Macroeconomic factors such as inflation data and regulatory uncertainty may further suppress momentum.
Bitcoin's influence remains unclear, causing independent fluctuations for SUPER.
Traders should consider a short-term strategy due to heightened volatility.
In summary, watch for a clear break below support to gauge potential downside risks.
