The 20-day SMA (24,267) remains unbroken on the downside — bulls retain structural control of the near-term tape. Momentum holds constructive at 62 — firmly in bullish territory with room to run before the tape gets stretched. On the MACD front, the histogram is positive and the fast line sits above the signal line — textbook bullish configuration. Low-conviction tape — volume at 0.0x average means the move lacks the sponsorship for sustained follow-through.

No significant recent moving average crosses.

RSI at 61.6 confirms strong buying momentum, with room to run before becoming extremely overbought.

MACD is expanding positively, highlighting that buyers are firmly in control of momentum.

Bollinger Bands are tightly squeezed, warning of an imminent explosive directional price move.

Recent volume is noticeably higher on up-days, signaling strong underlying buyer accumulation.

V-Shape Recovery / Double Bottom Formation

Price respects the 20-day average at 57,518 as a floor, offering a constructive base for directional longs. Momentum at 48 reflects a tape under pressure. Bulls need to push the oscillator back above 50 to shift the narrative. On the MACD front, the histogram is positive and the fast line sits above the signal line — textbook bullish configuration. At 0.0x average volume, the move is thinly traded. Liquidity gaps could trigger sharp reversals on any catalyst.

No significant recent moving average crosses.

RSI at 48.5 is well within the neutral zone, showing balanced momentum without extreme conditions.

MACD is expanding positively, highlighting that buyers are firmly in control of momentum.

Bollinger Bands are tightly squeezed, warning of an imminent explosive directional price move.

Volume trend is balanced, showing no decisive edge for either buyers or sellers.

V-Shape Recovery / Double Bottom Formation