The price has rallied 10.21% in the last 24 hours, testing the upper Bollinger Band at 0.733.
This proximity to the upper band suggests potential overextension, indicating a possible price reversal or consolidation.
Key support is at 0.666, while resistance remains at 0.735.
Volatility appears to be expanding, which could lead to increased trading opportunities or risks.
Consider placing a stop-loss just below support to manage downside risk.
Recommended action: wait for a pullback or confirmation before entering a new position.
