#MarketRebound

One thing is certain—the recent market rebound was inevitable.

The chart clearly signals that the 74k level likely marked the bottom, and bullish momentum is taking over, pushing the bears aside.

Today’s price action suggests continued recovery. On the daily chart, the resistance lies between 77.6k and 83.9k.

Although the price remains within this resistance range, it appears fragile. A green candle pierced through this zone weeks ago, indicating that even modest buying pressure could easily break through and invalidate this resistance.