
Morning Trend | Rigetti Computing Capital Movement, High Position Breakthrough or False Signal?

Rigetti Computing (RGTI.US) opened high yesterday and saw rapid capital influx, with significantly increased trading volume during the session, briefly breaking through short-term resistance levels. Many traders in the market are reporting that the main funds have the intention to test a breakout, and community interest has also risen. However, from the intraday chart, the battle between bulls and bears remains intense; if the volume dries up, there is a considerable chance of a strong pullback after the surge. Technically, Rigetti has recorded three consecutive bullish days, with indicators like MACD and RSI moving upwards simultaneously, indicating a clear emotional heating phase for short-term traders. Moving forward, it is crucial to monitor the order book and capital flow; if the price can quickly stabilize with reduced volume after a rise, the atmosphere for a main upward wave will become stronger. However, caution is necessary; if the sector cools down overall, Rigetti may experience a high-level pullback at any time. Bulls need to control the pace and avoid being thrown off the bus by the main funds right after getting on board
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