The current price is testing the upper Bollinger Band at 0.734.
This level may signal overextension, with the price likely to retract.
The support level at 0.706 remains strong, while resistance is at 0.731.
Volatility appears to be contracting, suggesting potential for a breakout or breakdown.
Consider placing a stop-loss just below support at 0.705.
Recommended action: set alerts to track a break above resistance or below support before making any trades.
