$FIO is currently testing the upper Bollinger Band at 0.01477.
This suggests a potential price overextension, indicating that a pullback could occur.
The Bollinger Bands are contracting, which usually leads to reduced volatility and may signal an impending breakout.
Key support is at 0.01428, while resistance holds at 0.01476.
Consider setting a stop-loss slightly below 0.01428 to manage risk.
Traders may opt to wait for a clear breakout or breakdown before entering positions.
