#MarketRebound One thing’s for sure: the recent market rebound was bound to happen. The chart speaks volumes—74K appears to be the bottom, and the bulls are back, ready to push the bears out.
Today’s price action signals further recovery. On the daily timeframe, the key resistance zone lies between 77.6K and 83.9K. While the price is currently within this zone, the resistance is showing weakness—already breached by a strong green candle weeks ago. This suggests even modest buying pressure could break through it completely. Check the chart below.
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