$OVL is currently under short-term pressure after rejecting near $0.042, with price drifting toward support around $0.038–$0.039. The slightly negative MACD and close DIF/DEA values suggest weak momentum rather than a strong downtrend, meaning consolidation is likely before the next move. With a very small market cap, volatility can increase quickly once buyers step in. I’m watching for reclaim of $0.041 as a bullish signal, while losing $0.038 could invite further downside liquidity hunts. Risk management remains key in low-cap derivatives-focused projects like Overlay Protocol.

#OVL #DeFi #Crypto