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Vaulta/Bitcoin Market Overview: Low volume and weak momentum intensifies downward trend

Source: CoinWorld
ABTC (Vaulta/Bitcoin) fell 2.44% to 4.07e-06, with trading volume consolidating at a low level and RSI of 28, indicating that the market is in an oversold state. The bearish engulfing pattern appeared, but a brief rebound attempt failed near 4.14e-06. The key support is near 4.10e-06 and the resistance is at 4.12e-06. Trading volume remains sluggish at $53.16, and the Bollinger Band indicator shows volatility compression and has potential for breakthroughs.
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