Sound Point's 15min chart shows Bollinger Bands Narrowing, Bearish Marubozu pattern.

Based on the 15-minute chart, Sound Point's recent price action has triggered Bollinger Bands Narrowing and a Bearish Marubozu formation on December 5, 2022 at 14:30. This technical indicator suggests a decrease in the magnitude of price fluctuations, indicating that sellers are currently in control of the market. Furthermore, the bearish momentum is likely to persist in the near term.