
Cape July has recovered sharply from the low at $26,500 on 26 June and is now testing the new shallower downtrend line, with indicators on the verge of turning bullish. MACD and OBV crossovers, and RSI climbing above 50, may come in the next few days. Any recovery above the trendline will be met with resistance at $29,750, $30,000 and $30,750.
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