Bounce or Bull Trap Downtrend Still Dominates

TRENT

is witnessing a sharp pullback, but the broader structure remains bearish with lower highs and lower lows intact. The recent bounce is approaching a key resistance zone near previous breakdown levels and falling EMAs, while RSI recovery looks weak relative to price. Unless the stock sustains above this resistance, the move is likely a dead cat bounce, with selling pressure expected to re-emerge.