From the four-hour Candlestick perspective, the short-term box bottom support focuses on the 2960 level, where the lower band of the Bollinger Bands intersects with the trend indicator, indicating strong support. The MACD continues to shrink and decline, with DIF and DEA in a high expansion state; the upper resistance level remains unchanged, with key attention on the EMA120 at 3100 and the resistance at the golden ratio 0.5 position of 3170. For medium-term support, look at 2750, with short-term core support at 2960. If this level can hold and effectively not break down, a short-term upward position can be arranged, focusing on quick entry and exit. The entry strategy continues from yesterday and will not be adjusted for now.
Short-term strategy reference: Market conditions are not absolutely certain, so be sure to manage risks and set stop-loss orders, prioritizing stable profits.
Suggestion: Go long in the 2970-2900 range, with the first target at 3050-3100. If it breaks through, look to the upside at 3150!
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From the four-hour Candlestick perspective, the short-term box bottom support focuses on the 2960 level, where the lower band of the Bollinger Bands intersects with the trend indicator, indicating strong support. The MACD continues to shrink and decline, with DIF and DEA in a high expansion state; the upper resistance level remains unchanged, with key attention on the EMA120 at 3100 and the resistance at the golden ratio 0.5 position of 3170. For medium-term support, look at 2750, with short-term core support at 2960. If this level can hold and effectively not break down, a short-term upward position can be arranged, focusing on quick entry and exit. The entry strategy continues from yesterday and will not be adjusted for now.
Short-term strategy reference:
Market conditions are not absolutely certain, so be sure to manage risks and set stop-loss orders, prioritizing stable profits.
Suggestion: Go long in the 2970-2900 range, with the first target at 3050-3100. If it breaks through, look to the upside at 3150!