Indicators lineup:
EMAs (20/50/100‑day) are trending bullish; MACD shows positive crossover; RSI hovering mid‑50s – room to run .
Bollinger Bands are tightening — a volatility squeeze ready for breakout .
Volume & open interest: Elevated trading volume (~$568 M daily) and doubling derivatives open interest (~3.5 M → 6.1 M) imply rising buyer conviction .