Price surged to 89,940 before quickly pulling back, with a dip to 85,073 supporting the move. In the short term, multiple moving averages are being broken, with MA144 and MA169 forming strong resistance above. Overall, the four-hour trend is clear, and attention should be paid to the validity of the 85,000 key support level. If the support is broken or if it dips further to previous lows.
Personal suggestion, for reference only (strictly set stop-loss) Around 86,700 for a rebound, aiming for 87,700, with targets of 85,200 and 84,000.
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Price surged to 89,940 before quickly pulling back, with a dip to 85,073 supporting the move. In the short term, multiple moving averages are being broken, with MA144 and MA169 forming strong resistance above. Overall, the four-hour trend is clear, and attention should be paid to the validity of the 85,000 key support level. If the support is broken or if it dips further to previous lows.
Personal suggestion, for reference only (strictly set stop-loss)
Around 86,700 for a rebound, aiming for 87,700, with targets of 85,200 and 84,000.