Chart Request: #S :
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$S is showing a strong reaction from the bottom of the descending channel — exactly where you'd want to see buyers step in.
After the sharp sell-off, $S has bounced cleanly off the channel support with a solid spike in volume, signaling demand at these lower levels. Now it’s pushing toward the midline of the channel. If momentum continues and $S can reclaim that midline, next target becomes the upper boundary near $0.38.
Still early to long aggressively unless it breaks out of the channel, but for now, structure is respected and this bounce was textbook. Keep an eye on that mid-channel level for confirmation.
S
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