$USTC has seen a 4.538% increase in the last 24 hours, edging close to the upper Bollinger Band at 0.01242.
This proximity suggests a potential overextension, indicating a possible reversal or consolidation.
Support is positioned at 0.01197, while resistance is at 0.01256.
Volatility appears to be contracting, suggesting a pullback may occur soon.
Implement a stop-loss just below the support level to mitigate risks.
Recommended action: Consider setting alerts for price action or wait for a clearer signal before entering.
