Is $CRM's bounce just short covering?

Watching $CRM today, it's holding up at 152.76, seemingly resisting the broader market dip. The bounce off the 150.4 low looks decent on the surface, but I'm struggling to see strong conviction here. With the general macro sentiment still pretty wobbly, I'm leaning towards this being more about short covering rather than any fundamental shift or new institutional money piling in. Volume isn't screaming 'buy me' either.

Anyone else feeling like this is a bit of a head fake, or am I just too jaded from the past few months? Convince me otherwise.