Check the liquidation map.

There is practically no liquidity below. Everything has been absorbed during the drop.

But there is a lot of gasoline accumulated above.

First zone: $89,000-$92,000.
Second zone: $95,000-$98,000.

The rebound could continue straight up. Or it could pull back to $82,000-$84,000 before then attacking the upper zones with more strength.

Both scenarios are valid. But the liquidity is clear: everything points upwards.