Sonim Technologies: Bollinger Bands Narrowing, Bearish Marubozu on 15-Minute Chart

According to the 15-minute chart for Sonim Technologies, the recent trading session has triggered a narrowing of Bollinger Bands, accompanied by a bearish Marubozu candlestick pattern. This suggests that the magnitude of price fluctuations is decreasing, indicating a strong selling trend and control of the market. Furthermore, this bearish momentum is likely to persist in the near future.