Bollinger Bands Signal Potential Breakdown in Platinum Futures

• Price is currently testing the midline of the Bollinger Bands (blue line), which often acts as dynamic support/resistance.
  
• The recent price rejection at the upper band and subsequent drop toward the midline suggests a potential continuation to the lower Bollinger Band (~940-950 range) if bearish pressure continues.
  
• Increased volume on recent down days suggests strong selling pressure.
  
• Resistance: ~1030-1050 (recent highs, upper Bollinger Band).
  
• Support: ~940-950 (lower Bollinger Band, previous consolidation zone).
  
• If price fails to hold above 980-990, further downside to ~950 is likely.