#MarketRebound Several factors contribute to a rebound, including:
- Increased Buying Pressure: More buyers entering the market, driving up demand and prices.
- Improved Market Sentiment: Positive news, adoption, and investor confidence boosting market outlook.
- Technical Indicators: Signals like moving averages, RSI, and Bollinger Bands indicating potential price reversals.
Some key terms to watch during a rebound are :
- Bull Run: A prolonged period of rising prices and investor optimism.
- Resistance Levels: Price points where selling pressure may slow or reverse gains.
- Support Levels: Price points where buying pressure may increase, stabilizing or driving prices up.