Market Rebound? Not So Fast! ๐จ
Despite some minor bounces, technical indicators are NOT confirming a full #Crypto market rebound right now.
๐ Here's why:
โ Key Resistance Holds: Major assets are still struggling below crucial resistance levels.
โ Bearish Momentum: Short-term indicators (RSI, MACD) largely remain negative.
โ Volume Lacking: No significant buying volume backing recent upward moves.
We're seeing more consolidation & tests of support than a true reversal. Stay cautious!