Just a Chill Guy (CHILLGUY) Price Analysis – Bollinger Bands

The Bollinger Bands on the chart indicate increased volatility for CHILLGUY, reflecting rapid price swings. Currently, the upper band is around $0.52056, while the lower band is around $0.19853, indicating a wide trading range. The token price recently touched the upper band before retreating, indicating overbought conditions and potential consolidation. Fibonacci retracement levels show critical support at $0.35954 (38.2%), close to the middle band, and $0.30496 (23.60%), with resistance around $0.50296 (78.6%). If the price holds above the 61.8% level, a bullish continuation towards the upper band may be possible. However, failure to maintain support could lead to a drop to $0.35954 or lower.$WLD $APT $HBAR