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Summary
• Price fell from 0.0002463 to 0.0002303 amid heavy 5-minute volatility.
• Key support at 0.000235–0.000240 held multiple times but failed in the 14:00 ET window.
• High volume confirmed breakdown below 0.000235, with turnover surging above $117M.
• RSI remains oversold near 20, suggesting potential for a bounce or consolidation.
• Bollinger Band contraction suggests possible low volatility ahead.

Bollinger Bands were wide during the initial breakdown but have since narrowed, suggesting a temporary lull in volatility. This may precede a new directional move or a period of consolidation.
The current price may find near-term support around 0.000229–0.000230. A retest of the 0.000235 level could determine whether this is a short-term correction or a deeper bearish trend. Investors should remain cautious as volatility may pick up again if key levels break further, and stop-loss placements should be monitored.
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