BOB's current price is stuck at 0.01209, which is slightly below the downtrend tracking line at 0.01217. From the chart, each rebound is heavily suppressed by this line, and the gap is less than one ATR, so the significance of this line is self-evident.

Looking back at the price increase from the start of the downtrend to now, it’s only a meager 0.32%, indicating that the bulls are indeed lacking strength. Both MACD lines are struggling below zero, and the histogram is all green, showing that the bearish momentum is still ongoing.

From the chart, it appears that the price is now struggling just below the trend line, unable to break through, and continues to be under pressure. Whether this line can be effectively broken will directly determine the short-term direction. Be cautious that the rebound may be exhausted here.