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Summary
• Price declined from $0.0611 to $0.0603, forming bearish engulfing patterns and testing key support.
• Momentum waned as RSI dipped into oversold territory below 30, while volume surged at the low.
• Volatility expanded during the initial 5 hours before contracting, with price consolidating near lower Bollinger Band.
• Turnover spiked at 18:15 ET and 22:00 ET but failed to confirm bullish follow-through.
• A 61.8% Fibonacci retracement from the $0.0603–$0.0611 range aligns with current consolidation near $0.0605.

The pair appears to be entering a consolidation phase with a bearish bias. If buyers fail to reclaim $0.0607 in the next 24 hours, further support at $0.0601 may be tested. Investors should remain cautious, as volume divergence could signal an upcoming reversal or continuation.
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