RGTI at Key Support Zone — Potential Rebound or Breakdown

RGTI is currently testing a key demand zone around $30, where previous accumulation occurred before the last rally. A clear reaction from this area could decide the next major move:

Bullish scenario: A rebound from this zone could drive the price toward the $42–45 resistance area (previous supply zone).

Bearish scenario: Failure to hold above $30 may trigger a continuation of the downtrend toward $20.
RSI is approaching the oversold region, hinting at a possible short-term bounce, but confirmation requires a strong bullish candle or a break above the recent lower high.
Given the high volatility of RGTI, traders should watch for volume confirmation before entering.

Fundamentally, Rigetti remains a speculative quantum computing stock—strong balance sheet but unprofitable, with long-term potential yet short-term valuation risks.