SPX Jumps 3.81% on October 5 but Remains Under Technical Pressure
- —Price at $0.4512 on $11.82M volume, just 0.27% above the 30-day average
- —RSI at 48.4 signals neither overbought nor oversold conditions
- —30-day return -25.25%, 7-day +10.60%, 14-day -12.46%
- —Market cap near $420.05M while MACD stays bearish
Why it matters: The rebound lacks volume and a clear catalyst, so the risk of another leg lower persists without a close above the 20-day SMA.
Source: DiarioBitcoin