The cryptocurrency market shows significant volatility, with a recent price drop of -8.836%.
Trading has fluctuated between a 24-hour high of 0.1847 and a low of 0.1624.
Currently, the support at 0.1624 is critical; if broken, it may lead to a further decline.
Resistance stands at 0.1804, which could trigger a reversal if reached.
An RSI of 27.39 indicates oversold conditions, suggesting potential for a rebound.
Market sentiment remains undefined, with traders reacting cautiously to negative momentum.
Watch for any major news or regulatory updates that could sway sentiment and influence price action.