The price recently bounced back after hitting a low of 92,272.6, showing some short-term bullish momentum.
However, it remains under the MA(99) (97,145.1), suggesting the broader trend might still be bearish.
The price is currently hovering around 96,096 USDT, slightly above the MA(7) (94,998.3) and MA(25) (94,495.1), indicating a potential upward move if it sustains above these levels.