The price of $QI has dropped 7.878% in the past 24 hours, hovering around the lower Bollinger Band at 0.00577.
This proximity to the lower band indicates potential oversold conditions, suggesting a possible reversal if support at 0.00568 holds.
Volatility appears to be contracting, hinting at a potential breakout soon.
Risk management should involve placing a stop-loss just below 0.00568.
Traders might consider setting alerts for a bounce or a breakthrough above 0.00608 for directional clarity.
