#Play 1. Current Situation (Price Action)

The price is at the level of 0.07888, having recorded a decline of -5.24% over the last 24 hours. After a strong upward impulse to the mark of 0.09097 (on the daily chart), the asset has entered a phase of local correction.

2. Indicators and Levels

Bollinger Bands: On the 4-hour chart, the price has dropped below the middle line (MB: 0.07812) and is currently testing it from below. On the 1-hour chart, there is an attempt to stabilize at the lower boundary of the channel.

RSI (Relative Strength Index): * 1D: In the overbought zone (~71), signaling the need to 'cool off'.

4H: RSI(14) at 56 — neutral zone.

1H: RSI(2) showed a sharp rebound from the oversold zone, which may indicate a short-term 'long'.

MACD: On hourly timeframes, the histogram is in the negative zone but is starting to decrease. On the daily chart, the trend still remains globally bullish.

Volumes: After a surge in volumes on the rise, a decrease is observed during the correction, which is a healthy sign of consolidation, not a panic sell.

3. Forecast

Support: 0.0765 (lower boundary on 1H) and 0.0673 (lower boundary on 4H).

Resistance: 0.0840 and local maximum 0.0909.