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Summary
• Price action formed key support at 0.0367 and tested resistance near 0.0375.
• Momentum indicators suggest a potential pullback after a recent overbought RSI reading.
• Bollinger Band expansion indicates rising volatility, with price hovering near the midline.
• Volume spiked during the 0.0375–0.0367 correction, confirming short-term bearish pressure.
• Fibonacci levels highlight potential continuation at 0.0369 and 0.0373 for near-term direction.

Looking ahead, traders may watch for a potential rebound from 0.0369, but risk of a break below that level remains if bearish momentum persists. As always, market conditions can shift quickly in crypto markets, and a sharp reversal is possible on new macroeconomic or on-chain news.
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