The price has dropped 3.737% in the last 24 hours, trading between 0.779 and 0.735.
Currently, the price is near the lower Bollinger Band at 0.738.
This suggests potential for a bounce, but could also signal overextension if it breaches support at 0.735.
Volatility appears to be contracting, indicating reduced price movement ahead.
Consider placing a stop-loss just below 0.735 for risk management.
Recommended action: set alerts for a potential bounce or a break below support, and remain cautious.