$UPST — Ready for a Trendline Rebound?

Upstart Holdings (UPST) is once again testing its long-term ascending trendline
The price is hovering near a key support zone around $49–50, where buyers have stepped in before.

UPST Bullish scenario:
If support holds — a rebound toward $60 → $70 is possible, matching the mid-Bollinger band and prior resistance area.

Bearish scenario:
A breakdown below $49 could open the way to $46–42, where previous accumulation took place.

Technical setup:
The price is near the lower Bollinger Band, hinting at a potential reversal zone.
MACD is close to its historical lows:
Statistically, when MACD reached similar levels (in Dec 2024 and Mar 2025),
UPST rallied 30–50 % within the next 2–4 weeks.
The long-term trend remains upward since early 2024.
Bottom line:
UPST is at a decision point — if the pattern repeats, current levels could mark the start of a new bullish wave.