Morning Trend | Snowflake shows unusual movement after a volume reduction washout, is a real rebound opportunity coming?

Snowflake (SNOW.US) has been experiencing a series of low-volume fluctuations. Yesterday, bulls gathered strength during the intraday session, and there was a noticeable capital movement at the end of the trading day. After repeatedly testing the support line below, it closed with a small gain, and discussions among community funds have heated up. The MACD indicator has not fully turned bullish yet, but the frequency of capital accumulation actions has increased. Some opinions in the community suggest that "the washout is nearing its end, and a surge could happen at any time." Currently, the market sentiment towards AI, data security, and the public cloud sector is relatively warm, with SNOW-related concept ETFs slightly increasing their positions, accumulating momentum for a potential breakout. The key technical focus is on the battle for the 15-day moving average support level this week. If capital can follow up with increased volume today, a short-term rebound window may have opened. However, if there is another round of low-volume decline, it could trigger a sell-off. Traders are advised to closely monitor the main force in the market, following up with volume and observing without volume. Today's dividing line between bulls and bears is particularly crucial. Overall, SNOW has been consolidating for a while, and the market is waiting for a strong upward movement to drive the main line. Opportunities and traps coexist, making it suitable for flexible right-side bullish speculation