Neutral/Negative Catalysts
- Near-term statistical pattern read: ~60% chance of a small decline next day (model projection -1.2%).
- Price is approaching resistance around 6.18, increasing odds of a stall/rejection if buyers don’t step up.
- Extremely high implied volatility (IV percentile ~97.5) signals elevated uncertainty and can precede sharp swings.
- No supportive news flow in the past week; fewer narrative catalysts to push a clean breakout.
