Concerns about the “low-volume rebound” (insufficient momentum):
Look at the trading volume below. Although there have been several bullish candlesticks recently, overall volume has not increased in stages.
This suggests that the current rebound is more of a “technical recovery” after being oversold, with no strong signs of large investors rushing in to accumulate. If the rebound continues to lack volume, the price could easily be pushed back down to 0.1138 or even lower.$CTK
Look at the trading volume below. Although there have been several bullish candlesticks recently, overall volume has not increased in stages.
This suggests that the current rebound is more of a “technical recovery” after being oversold, with no strong signs of large investors rushing in to accumulate. If the rebound continues to lack volume, the price could easily be pushed back down to 0.1138 or even lower.$CTK