The short-term trend appears to be upward

Bollinger Bands :

• Middle Band: The price is above the middle band, suggesting bullish momentum in the short term.
  

Volume :

• Recent volume is lower but steady, which shows no excessive buying or selling pressure.
  

Price Action :

• Currently, the price is consolidating in a sideways range after the latest upward move, which may indicate a potential breakout or pullback.
  

Conclusion :

• Bullish Bias: The price is trending upwards with support from the moving average, and it's currently near the upper Bollinger Band, so some profit-taking might occur soon.
  
• Watch for Breakout: If the price breaks above the recent high (~3.40), there could be a continuation of the uptrend. However, if the price fails to sustain and drops below the middle Bollinger Band or the moving average, a pullback or correction could follow.