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The rebound has just begun
1. From the daily chart, after a volume breakout yesterday, there was a consolidation with decreasing volume. On the hourly chart, a bullish trend has already emerged, with moving averages in a bullish alignment, higher lows and higher highs continuously forming, and breaking through previous downtrend highs. All signs indicate that the rebound has just started.
2. Although Iran has closed the Strait of Hormuz again, the large-scale rebound that has been building for two months will not end so quickly. News never changes the trend; it is only used to support the trend. #Gate广场四月发帖挑战