$LEVER has seen a significant price drop of -18.605% in the last 24 hours.
The 24-hour range between 0.000416 and 0.000309 indicates high volatility.
Currently, the Bollinger Bands reveal tight ranges, signaling indecision in the market.
The support level at 0.000309 is critical for the bulls to defend.
Resistance sits at 0.000403, acting as a hurdle for any potential recovery.
Overall, the downtrend is strong, exacerbated by recent macroeconomic concerns and regulatory chatter.
Bitcoin’s undefined influence suggests LEVER may be reacting to its own fundamentals rather than overall market sentiments.
Traders should consider a short-term approach given the current high volatility and the bearish bias.
Key takeaway: Monitor closely for any shift in support, as a breach may trigger further downward pressure.
